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Rowell Company spent $3 million two years ago to build a plantfor a new product.

March 18th, 2019 admin

Rowell Company spent $3 million two years ago to build a plantfor a new product. It then decided not to go forward with theproject so the building is available for sale or for a newproduct. Rowell owns the building free and clearthere is nomortgage on it. Which of the following statements is CORRECT?

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