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Larkspur Inc. enters into an agreement on March 1, 2017, to sell Werner Metal Company aluminum ingots. As part of the agreement, Larkspur also agrees

Larkspur Inc. enters into an agreement on March 1, 2017, to sell Werner Metal Company aluminum ingots. As part of the agreement, Larkspur also agrees to repurchase the ingots on May 1, 2017, at the original sales price of $200,000 plus 1%

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