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Peace Company issued common shares with a par value of $ 5 8 , 0 0 0 and a market value of $ 1 6

Peace Company issued common shares with a par value of $58,000 and a market value of $165,300 in exchange for 30 percent ownership of Symbol Corporation on January 1,20X2. Symbol reported the following balances on that date:
\table[[\table[[SYMBOL CORPORATION],[Balance Sheet],[January 1,202
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