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Note: I got this question answered twice already and both timesit was wrong. Please help! Branson paid ( $ 492,000 ) cash for all of

Note: I got this question answered twice already and both timesit was wrong. Please help! Branson paid \( \$ 492,000 \) cash for all of the outstanding common stock of Wolfpack, Inc., on January 1,2020 . On that date, the subsidiary had a book value of \( \$ 371,000 \) (common stock of \( 2 answers

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