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On July 1, 2020, Beckham Inc. purchased a patent from a research firm by issuing 4,000 shares of its $1 common stock. On the date

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On July 1, 2020, Beckham Inc. purchased a patent from a research firm by issuing 4,000 shares of its $1 common stock. On the date of purchase, the stock was trading on a public exchange for $10 per share. Res the purchase of the patent by Beckham Inc. of a Pa

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