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1. Pin Corporation paid $1,800,000 for a 90 percent interest in San Corporation on January 1, 2011 ; San's total book value was $1,800,000 .
1. Pin Corporation paid $1,800,000 for a 90 percent interest in San Corporation on January 1, 2011 ; San's total book value was $1,800,000 . The excess was allocated as follows : $60,000 to undervalue...
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