Current Attempt in Progress

Suppose that Concord Corporation has four plants nationwide that cost $$630$ million. Accumulated depreciation on the plants is

$$180$ million at December $31,2025.$ The current fair value of the plants at that date is $$460$ million. The plants will be reported on

the December $31,2025$ balance sheet at

$$460$ million.

$$280$ million.

$$450$ million.

$$630$ million.

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