On December 31,20X5, Play Company acquired 80 percent of the common stock of...
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Accounting
On December X Play Company acquired percent of the common stock of Station Company. At the time, Play held land with a book value of $ and a fair value of $; Station held land with a book value of $ and fair value of $ At what amount would land be reported in a consolidated balance sheet prepared immediately after the combination?
A $
B $
C $
D $
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