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Adrianna Company purchases 3 5 % of Saddle Company's outstanding stock for $ 4 5 0 , 0 0 0 . At the time of
Adrianna Company purchases of Saddle Company's outstanding stock for $ At the time of acquisition, book value of the company's net assets is $ million and the fair value of the company's net assets is $ million. The difference between the book value and fair value of the net assets is attributed to an undervalued building with a remaining useful life of years. Adrianna Company should recognize the additional depreciation by Select all that apply.
Multiple select question.
crediting investment.
debiting depreciation expense.
debiting investment revenue.
crediting accumulated depreciation.
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