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On January 1, 2023, Creative Calligraphy Inc. purchased land, building, equipment, and tools for a total of $4,220,000. An appraisal identified the fair values to

On January 1, 2023, Creative Calligraphy Inc. purchased land, building, equipment, and tools for a total of $4,220,000. An appraisal identified the fair values to be $944,000 (land), $1,563,500 (build 2 answers

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