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Fielder Company purchased land and a building for a lump sum cost of $420,000. The land has a fair value of $160,000 and the building
Fielder Company purchased land and a building for a lump sum cost of $420,000. The land has a fair value of $160,000 and the building has a fair value of $320,000. The cost assigned to the land is O $140,000. $210,000. $0. O $160,000
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