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Question 19 Not yet answered Marked out of 1,00 Flag question Kansas Company acquired a building valued at $210,000 for property tax purposes in exchange

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Question 19 Not yet answered Marked out of 1,00 Flag question Kansas Company acquired a building valued at $210,000 for property tax purposes in exchange for 12,000 shares of its $5 par common stock The stock is widely traded and selling for $15 per share. At what amount should the building be recorded by Kansas Company Select one: O a. $60,000 o b. $210.000 S180,000 O d. $120,000

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