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Business, 08.06.2021 20:20 ayoismeisalex

Kansas Company acquired a building valued at $150,000 for property tax purposes in exchange for 10,000 shares of its $5 par common stock. The stock is widely traded and sold for $16 per share. At what amount should the building be recorded by Kansas Company

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Kansas Company acquired a building valued at $150,000 for property tax purposes in exchange for 10,0...
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