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The Duce Company has five plants nationwide that cost $300 million. The current fair value of the plants is $500 million. The plants will be

The Duce Company has five plants nationwide that cost $300 million. The current fair value of the plants is $500 million. The plants will be recorded and reported as assets at a. $300 million. b. $800 million. C. $200 million. d. $500 million

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