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Asset 5 : Equipment was acquired by issuing 1 0 0 shares of $ 1 4 par value common stock. The stock had a market
Asset : Equipment was acquired by issuing shares of $ par value common stock. The stock had a market price of $ per share.
Construction of Building: A building was constructed on land purchased last year at a cost of $ Construction began on February and was completed on November The payments to the contractor were as follows.
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