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7 Pretzel Corporation acquired 1 0 0 ?percent of Stick Company's outstanding shares on January 1 , 2 0 times 7 . ?Balance sheet

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7
Pretzel Corporation acquired 100 ?percent of Stick Company's outstanding shares on January 1,20\times 7. ?Balance sheet data for the two companies immediately after the purchase follow:
\table[[,\table[[Pretzel],[Corporation]],Stick Company],[Cash,$70,000,$35,000
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