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In preparing its consolidated financial statements at December 3 t 2 0 k 7 , the following consoldation entries were included in the consolidation worksheet
In preparing its consolidated financial statements at December t the following consoldation entries were included in the consolidation worksheet of Powider Corporation:
tableEntrildingsDebit,CredittableBuildingsGain on SaleBuildingtableAccumulatedDepreciationtableConsolidation WorksheetEntriesAccumulated DepreciationDebit,CreditDepreciat
Fowder owns percent of Snow Comporation's voting common stock On January now sold Powder a buting it had purchased for $ on January xL and depreclated on a year straightine basis. Powider recorded depreclation for using straightline depreciation and the same wiselur fite and residual vatue as now.
Requlred:
a What amount did Powder pay Snow for the bullding?
Answer is complete but not
tableAmounpeld$
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