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ten years ago a company purchased a building for $ 1 6 0 , 0 0 0 . At that time, the company felt that

ten years ago a company purchased a building for $160,000. At that time, the company felt that the building was worth 185,000. the current value of the building is 460,000. The building has been assessed at $435,000for property tax purposes. at which amount should the company record the building in its accounting records

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