When valley view acquired 80% of the common stock of Coleman Co. Coleman owned land with a book value of $75000 and a fair value of $125000. What amount should have been reported for the land in a co solid aged balance sheet at the acquisition date? 40000 50000 75000 100000 125000

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.