A. Using the cost model, what is the depreciation expense for the year 2020? Note that asset was acquired on Sept. 30. B. Using the cost model, what is the carrying value of the investment property on Dec. 31, 2021? C. Using the fair value model, what is the carrying value on Dec. 31, 2020? D. Using the fair value model, what is the gain or (loss) from change in fair value?

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A:

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