A plant was installed by paying 3,00,000 to a vendor. For this purpose, the company incurred pre-commissioning
Question:
A plant was installed by paying 3,00,000 to a vendor. For this purpose, the company incurred pre-commissioning expenses of 75,000, of which 60% could have been avoided had this plant not been installed. The initially recognized value of plant is
(a) 3,75,000
(b) 3,45,000
(c) 3,30,000
(d) 3,60,000
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