New York University ACCT-UB ACCT-UB 2233 Angel Company owns 90% of Carnation Inc. During the year, Angel Company rented out a building to Carnation Inc. As of year-end, the building has a
rented out a building to Carnation Inc. As of year-end, the building has a carrying amount of 1,000,000.
In its individual financial statements, how much will be presented in investment property?
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