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During the current year, Brewer Company acquired all of the outstanding common stock of Miller Incorporated paying $ 1 2 , 0 0 0 ,

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During the current year, Brewer Company acquired all of the outstanding common stock of Miller Incorporated paying $12,000,000 cash. The book values and fair values of Miller's assets and liabilities acquired are listed below:
\table[[Accounts receivable,Book Value,Fair Value],[Inventories,$1,800,000,$1,625,000
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