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MCI is looking into purchasing its next store already. MCI has found a good deal on a new property that contains land and building. MCI
MCI is looking into purchasing its next store already. MCI has found a good deal on a new property that contains land and building. MCI is offered both land and building for $500K in cash, but an independent valuation expert suggests the land is actually worth $375K and the building is actually worth $250K. Can you give some ideas to MCI about how they might account for this transaction once they go through with this deal?
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