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21-10-2022
Business

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jasper incorporated prepares its financial statements according to international financial reporting standards. at the end of its fiscal year, the company chooses to revalue its equipment. the equipment cost $810,000, had accumulated depreciation of $360,000 at the end of the year after recording annual depreciation, and had a fair value of $495,000. after the revaluation, the equipment account will have a balance of:

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