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at acquisition date, stayer’s books showed assets of $4,200,000 and liabilities of $1,600,000. the recorded assets and liabilities had fair values equal to their individual book values except that a building (10-year remaining life) with book value of $195,000 had an appraised fair value of $345,000. stayer’s books showed a $175,500 carrying amount for this
Sagot :
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