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

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Mainline Produce Corporation acquired all the outstanding common stock of Iceberg Lettuce Corporation for $33,000,000 in cash The book values and fair values of Iceberg's assets and liabilities were as follows:
\table[[Current assets,Book Value,Fair Value],[Property, plant, and equipment,$12,800,000,$15,800,000
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