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How much is the investment property to be presented

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Reference no: EM132936458

Question - Red Corp. has the following information in its notes to the financial statements:

Land held for long term capital appreciation- P1,000,000

Land held for a currently determined future use- P300,000

Property that is being constructed or developed for future use as an investment property- P1,500,000

Investment property being redeveloped- P2,000,000

Building owned and leased out under operating lease- P450,000

Owner-occupied property- P3,200,000

Owner-managed hotel- P2,300,000

How much is the Investment Property to be presented in the statement of financial position?

Reference no: EM132936458

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