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Mainline Produce Corporation acquired all the outstanding common stock of Iceberg Lettuce Corporation for $ 3 8 , 0 0 0 , 0 0 0

Mainline Produce Corporation acquired all the outstanding common stock of Iceberg Lettuce Corporation for $38,000,000 in cash. The book values and fair values of Iceberg's assets and liabilities were as follows:
\table[[,Book Value,Fair Value],[Current assets,$11,000,000,$14,000,000
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