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Manufacturing plant in county of ousting

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Bower corporation owns a manufacturing plant in the county of ousting. On December 31, 20x1, the plant had a book value of 5000000 and an estimated fair value of 8000000. Oust's the government has indicated that it will confiscate to plant during the coming year and will reimburse Bower for only 40% of the plant's estimated fair values.

Reference no: EM133239759

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