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On January 1, Year 4, Dallas, Inc., purchased 80% of Style,Inc.'s outstanding common stock for $120,000. On that date, thecarrying amounts of Style's assets and

On January 1, Year 4, Dallas, Inc., purchased 80% of Style,Inc.'s outstanding common stock for $120,000. On that date, thecarrying amounts of Style's assets and liabilities approximatedtheir fair v 2 answers

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