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The carrying amount of machinery acquired by Stark Ltd in a business combination is $20,100. The net present value of future cash flows from the
The carrying amount of machinery acquired by Stark Ltd in a business combination is $20,100. The net present value of future cash flows from the machinery is estimated to be S15,570. The cost of replacing the machinery is estimated to be $18,850. The machinery has been independently appraised at a value of $14,700..The value at which the machinery should be recognised is
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