BC and OP are both private not-for-profit entities. They combine to create LM, a new...
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Accounting
BC and OP are both private notforprofit entities. They combine to create LM a new private notforprofit entity with an entirely new board of directors. holds land with a book value of $ and a fair value of $ OP holds land with a book value of $ and a fair value of $ After LM has been formed, what is the reported value of the land account?
a $
b $
c $
d $
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