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Joe and Sharon are forming a partnership. Joe will invest a truck with a book value of $11,453 and a fair value of $12,303. Sharon

Joe and Sharon are forming a partnership. Joe will invest a truck with a book value of $11,453 and a fair value of $12,303. Sharon will invest land and a building with a book value of $30,918 and a fair value of $42,105 with a mortgage of $17,413. At what amount should the building be recorded?

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