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On 1/1/2020, Co. X acquired all of the voting stock of Co. Y in exchange for issuing 80,000 stocks. The par value and the market

On 1/1/2020, Co. X acquired all of the voting stock of Co. Y in exchange for issuing 80,000 stocks. The par value and the market price of Co. X's stock were $1 and 3$, respectively. Co. X also paid $1...

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