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on Jan 20, 2024 lilly corp purchased a luxury apartment complex in vancouver for $10million cash. in addition to purchase price they paid transfer fees

on Jan 20, 2024 lilly corp purchased a luxury apartment complex in vancouver for $10million cash. in addition to purchase price they paid transfer fees 150000 legal fees 20000
salaries wages each follow 3 year
2024: 103000
25: 107000
26: 110000
ffair value info
dec312024: 9.1 mil
dec 31,2025:10.9 mil
dec31,2026: 11.7 mill
complex is investment propert and they apply fair value model
prepare all journal entries for each year
show ur wirk

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