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Alle JUU TUOI UI an dll dystion agreement you have discovered the following important facts The Lewison common stock issued has a fair value of
Alle JUU TUOI UI an dll dystion agreement you have discovered the following important facts The Lewison common stock issued has a fair value of $783 000. The fair value of Horro's assets net of all liabilities is $820.000. All asset book values equal their fair values except for a machine valued at $30,150 and a building valued at $135.000 The machine was originally purchased six years ago January 1, 2014) by Harro for $180.000 The machine has been depreciated using the sum-of-the-years digit (SYD) method with an assumed useful life of 9 years and salvage value of $9.000. The building was originally purchased four years ago ... January 1, 2016) for $288.000. This building has been depreciated using the double-declining balance (DOB) method with an estimated useful life of 12 years and salvage value of $24,000. The acquisition is to be considered a tax-free exchange for tax purposes (ie, no gains or losses on sale are recognized for tax purposes) Alle JUU TUOI UI an dll dystion agreement you have discovered the following important facts The Lewison common stock issued has a fair value of $783 000. The fair value of Horro's assets net of all liabilities is $820.000. All asset book values equal their fair values except for a machine valued at $30,150 and a building valued at $135.000 The machine was originally purchased six years ago January 1, 2014) by Harro for $180.000 The machine has been depreciated using the sum-of-the-years digit (SYD) method with an assumed useful life of 9 years and salvage value of $9.000. The building was originally purchased four years ago ... January 1, 2016) for $288.000. This building has been depreciated using the double-declining balance (DOB) method with an estimated useful life of 12 years and salvage value of $24,000. The acquisition is to be considered a tax-free exchange for tax purposes (ie, no gains or losses on sale are recognized for tax purposes)
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