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.Herbert, Inc., acquired all of Rambis Company??s outstandingstock on January 1, 2020, for $595,000 in cash. Annual excessamortization of $16,000 results from this transaction. On

.Herbert, Inc., acquired all of Rambis Companyâ??s outstandingstock on January 1, 2020, for $595,000 in cash. Annual excessamortization of $16,000 results from this transaction. On the dateof the 2 answers

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