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New Harvest Bakery acquired all the outstanding common stock of Red Rock Bakery for $ 7 2 , 8 0 0 in cash. The book

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New Harvest Bakery acquired all the outstanding common stock of Red Rock Bakery for $72,800 in cash. The book values and fair values of Red Rock's assets and liabilities were as follows:
\table[[,,],[Current assets,Book Value,Fair Value],[Property, plant, and equipment,$26,700,$22,600
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