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Assume that , instead of tranferring the machine, Nash decides to grant 1 6 , 0 0 0 shares of its common stock ( $

Assume that , instead of tranferring the machine, Nash decides to grant 16,000 shares of its common stock ($10par) which has a fair value of $215,000 in fill settlement of the loan obligation.if crane state bank treats Nash stock as a trading investment, prepare the entries to record the transaction for both parties.

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