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Business, 02.07.2020 18:01 brandicarney70p8jlsp

Kansas Company acquired a building valued at $151,000 for property tax purposes in exchange for 12,000 shares of its $3 par common stock. The stock is widely traded and selling for $18 per share. At what amount should the building be recorded by Kansas Company

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Kansas Company acquired a building valued at $151,000 for property tax purposes in exchange for 12,0...
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