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Zebra Company owns 7 0 percent of Quake Company's stock. On December 3 1 , 2 0 X 8 , Zebra purchased a building from
Zebra Company owns percent of Quake Company's stock. On December X Zebra purchased a building from Quake for $ Quake had purchased the building on January X at a cost of $ and used straightline depreciation on an expected life of years. The asset's total estimated economic life is unchanged as a result of the intercompany sale. Assume Zebra and Quake report depreciation expense of $ and $ respectively, for X what depreciation amount will be reported in the consolidated income statement for X
A $
B $
C $
D $
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