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On January 1, 2015, Patriots Corporation, parent company purchased 90% of the outstanding shares of Seahawks Company for $3,375,000. At that date, the book values

On January 1, 2015, Patriots Corporation, parent company purchased 90% of the outstanding shares of Seahawks Company for $3,375,000. At that date, the book values and fair values of Seahawks' assets a...

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