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Click submit to complete this asessmen estion 12 Gamma Co owned 90% of the voting common stock of Victor Co. On January 3, 2021,

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Click submit to complete this asessmen estion 12 Gamma Co owned 90% of the voting common stock of Victor Co. On January 3, 2021, Gaald gent to Vice 1400 The opp $240,000. At the time of the transfer, the balance in accumulated depreciation was 14000 The equipment had s ing die of sight value. Both entities use the straight-line method of depciation At what amount should the equipset (net of depreciation be included in the coded balance shot ded Dber 11, 2002 O $124,200 O $120,000 O $108,000 O $138,000 and On 12 51

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