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Farah corp purchased 3 5 % of the common stock of Dastan co . by paying $ 6 2 5 , 0 0 0 .

Farah corp purchased

35 %

of the common stock of Dastan co

.

by paying $

625, 000 .

Of this amount, $

45, 000

is associated with goodwill. Prepare the journal entry to record Farahs investment

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