In order to encourage the development of its industrial park,Union County gives Darter Corporation land (fair market value of $800,000)and cash of $500,000.Within one year,Darter constructs a new plant at the site at a cost of $1,200,000.

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The Answer of In order to encourage the development of its industrial park,Union County gives Darter Corporation land (fair market value of $800,000)and cash of $500,000.Within one year,Darter constructs a new plant at the site at a cost of $1,200,000.

In Order to Encourage the Development of Its Industrial Park,Union