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Plethora PLC

Former userFormer user9y ago

[Content removed at user request]

MikeLittleMikeLittleTutor9y ago#1
No, on the occasion of moving PPE to Investment Property, the requirement is to value the property at fair value and THEN do the transfer So what we have here is $800,000 fair value less $486,000 That $486,000 is $600,000 original cost less 9.5 years at $12,000 per year Clear?
MikeLittleMikeLittleTutor9y ago#2
You're welcome
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