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Business, 17.12.2019 23:31 Gimagg5549

Matt shaw buys 100 shares of common stock for $8,000 in january. the value of the stock fluctuates in a narrow range (averaging $8,700) throughout the year. in november, when it has a value of $9,500, he donates it to a nonprofit entity. on december 31, the stock has a fair value of $8,200. at what amount should the nonprofit entity value the stock on its december 31 statement of financial position? select one: a. $8,200
b. $8,000
c. $9,500
d. $8,700

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Matt shaw buys 100 shares of common stock for $8,000 in january. the value of the stock fluctuates i...
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