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Jaez Corporation is in the process of going through a reorganization. As of December 3 1 , 2 0 2 4 , the company's accountant

Jaez Corporation is in the process of going through a reorganization. As of December 31,2024, the company's accountant has determined the following information although the company is still several months away from emerging from the bankruptcy proceeding.
\table[[,Net Book Value,Fair. Value],[Assets,$45,000,$45,000
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