5. Fixed assets donated to a governmental unit should be recorded a. at estimated fair value when received. b. at the lower of donor’s carrying amount or estimated fair value when received. c. at the...

5. Fixed assets donated to a governmental unit should be recorded

a. at estimated fair value when received.

b. at the lower of donor’s carrying amount or estimated fair value when received.

c. at the donor’s carrying amount.

d. as a memorandum entry only.