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Firm A plans to acquire firm B by offering to purchase all outstanding shares at a 20% merger premium. Firm A will finance the acquisition

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Firm A plans to acquire firm B by offering to purchase all outstanding shares at a 20% merger premium. Firm A will finance the acquisition by issuing bonds. Determine the total assets of the combined company using the purchase accounting method. $1,280,000$2,980,000$480,000$1,900,000$1,980,000

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