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Net income and dividends reported by Clark for 2020 and 2021 follow: The fair value of Clark's net assets that differ from their book values

image text in transcribed Net income and dividends reported by Clark for 2020 and 2021 follow: The fair value of Clark's net assets that differ from their book values are listed below: Any excess of consideration transferred over fair value of net assets acquired is considered goodwill with an indefinite life. Combute the amount of Clark's lona-term liabilities that would be renorted in a December 31. 2021. consolidated balance sheet

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