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Required informotion [The following information applies to the questions displayed below] Rivendell Corporation uses the accrual method of accounting and has the following assets as

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Required informotion [The following information applies to the questions displayed below] Rivendell Corporation uses the accrual method of accounting and has the following assets as of the end of 2021 . Rivendeli converted to an S corporation on January 1,2022 Note: Leove no answer biank. Enter zero if applicable. o. What is Rivendell's net unrealized built in gain at the time it converted to an S corporation? b. Assuming the land was valued at $220,000, what would be Rivendell's net unrealized gain at the time it convented to an $ corporation? c. Assuming the land was valued at $137,500 but that the inventory was valued at $90.000, what would be Rivendel's net unrealized gain at the time it converted to an S corporation

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