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Constructive Gain or Loss on Bond Retirement with WorkpaperCost Method (effective interest method) Prezo Company purchased 80% of Satz Companys common stock for $880,000 on

Constructive Gain or Loss on Bond Retirement with WorkpaperCost Method (effective interest method) Prezo Company purchased 80% of Satz Companys common stock for $880,000 on January 2, 2014. Condensed financial information for Prezo Company and Satz Company is given below. Balance Sheet December 31, 2014

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