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On October 1 , 2 0 X 3 , Pole Corporation paid $ 4 5 0 , 0 0 0 for all of Stick Company's
On October X Pole Corporation paid $ for all of Stick Company's outstanding common stock. On that date, the book values and fair values of Stick's recorded assets and liabilities were as follows:
Book Value Fair Value
Cash and Receivables $ $
Inventory
Buildings and Equipment net
Liabilities
Net Assets $ $
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