on Jan 20, 2024 lilly corp purchased a luxury apartment complex in vancouver for $10million cash. in addition to purchase price they paid transfer fees 150000 legal fees 20000 salaries wages each follow 3 year 2024: 103000 25: 107000 26: 110000 ffair value info dec312024: 9.1 mil dec 31,2025:10.9 mil dec31,2026: 11.7 mill complex is investment propert and they apply fair value model prepare all journal entries for each year show ur wirk

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