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| When the fair value is determinable, a nonreciprocal transfer of a nonmonetary asset to another entity should be recorded at the A. Fair value of the asset received, but no gain or loss should be recognized on the disposition of the asset. B. Recorded amount of the asset received. C. Fair value of the asset transferred, and a gain or loss should be recognized on the disposition of the asset. D. Recorded amount of the asset transferred. |