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On January 1, 2018. Sarah Inc. purchaed 25% of the outstanding common shares of Cole Co. for $1,620,000. At this time, the book value of

On January 1, 2018. Sarah Inc. purchaed 25% of the outstanding common shares of Cole Co. for $1,620,000. At this time, the book value of Cole was $6,400,000. Any additional excess fair value over Cole...

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