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Posted on Sep 30, 2024

Wayne directly purchases a 2 5 percent interest by paying Debra $ 9 1 , 0 0 0 and Merina $ 5 3 , 0

Wayne directly purchases a

25

percent interest by paying Debra $

91, 000

and Merina $

53, 000 .

The land account is increased before Wayne is admitted.

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