ABC Company acquired a building by issuing shares of stocks. The building has a carrying...
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ABC Company acquired a building by issuing shares of stocks. The building has a carrying amount of 4,500,000, and a fair market value of 6,000,000. 100,000 shares has been issued by ABC Company, with a par value of 50 pesos per share and a market price of 75 pesos per share. Assuming the fair market value of the building cannot be measure reliably, the building should be valued at what amount?
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