If the fair value of the PP and E acquired is more readily determinable than that of the PP and E surrendered, the cost is the fair value of the PP and E acquired.
There is no way to determine the value of PP and E.
mnli hypothesis: There is no way to determine the value of PP and E. premise: If the fair value of the PP and E acquired is more readily determinable than that of the PP and E surrendered, the cost is the fair value of the PP and E acquired.