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Question 28 2 pts 28. Dirt Company purchased land for $5 million dollars in 1998. At December 31, 2019 the land had a market value

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Question 28 2 pts 28. Dirt Company purchased land for $5 million dollars in 1998. At December 31, 2019 the land had a market value of $ 15 million. On the December 31, 2019 balance sheet Dirt valued the land at $15 million. Which of the following GAAP concepts did Dirt violate? O A. Historic cost concept OB. Matching principle OC. Separate entity assumption OD. There was no violation. 2 pts

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