When is the gain on the sale of the land realized
On November 8, 2006, Power Corp. sold land to Wood Co., its wholly owned subsidiary. The land cost $61,500 and was sold to Wood for $89,000. From the perspective of the combination, when is the gain on the sale of the land realized?
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Write a letter to the editor on land pollution that threatens the health of individuals living in Guyana, and clearly define the problem.
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