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The Pharoah Company has five plants nationwide that cost $370 million. The current fair value of the plants is $620 million. The plants will be

The Pharoah Company has five plants nationwide that cost $370 million. The current fair value of the plants is $620 million. The plants will be reported as assets at

A= $370 million

B=$620 million

C=$990 million

D=$250 million

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