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Samford Corporation paid $450,000 to purchase land, a building, and a truck for use in their business. An appraisal valued the land for $300,000, the

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Samford Corporation paid $450,000 to purchase land, a building, and a truck for use in their business. An appraisal valued the land for $300,000, the building for $160,000 and the truck for $40.000. At what amount should the truck be recorded? O $0 O $10,000 $36,000 $40,000 O None of the above

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