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2. Suppose Thompson Inc. purchased all the outstanding shares of Panna Corporation for $250,000 on January 1, 2018. The amount is paid partly by cash

2. Suppose Thompson Inc. purchased all the outstanding shares of Panna Corporation for $250,000 on January 1, 2018. The amount is paid partly by cash of $125,000 and the rest by issuing 10,000 additio...

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