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Q 1 8 Masonry Construction Group paid $ 5 , 0 0 0 for a plant asset that had a market value of $ 1

Q18
Masonry Construction Group paid $5,000 for a plant asset that had a market value of $17,500. At which of the following amounts should the plant asset be recorded?
A. $2,500
B. $17,500
C. $5,000
D. $10,000
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