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Atacama has acquired several companies. Assume that Atacama purchased Oak Tree Unlimited for $ 2 0 , 0 0 0 , 0 0 0 cash.

Atacama has acquired several companies. Assume that Atacama purchased Oak Tree Unlimited for $ 20,000,000 cash. The book value of Oak Tree Unlimited's assets is $ 13,000,000(fair value, $ 25,000,000), and it has liabilities of $ 15,000,000(fair value, $ 15,000,000).

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