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What transfer will likely results in winona rider statement

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Problem 1: Winona Rider Company has an investment property acquired four years ago at a total cost of P 1.000.000. The investment property is measured under the cost model and depreciated using the straight line method over an estimated useful life of 10 years with no residual value. The current fair value of the property is P 400,000. If Winona Rider decides to transfer the investment property to owner-occupied property, the transfer will most likely results to...... in Winona Rider's statement of pro?t or loss?

Reference no: EM132908654

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