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Pine Company acquired all of the assets and liabilities of Straw Company for cash in a legal merger. Which one of the following would not

Pine Company acquired all of the assets and liabilities of Straw Company for cash in a legal merger. Which one of the following would not be recognized by Pine on its books in recording the business combination?

Group of answer choices

1.Investment in Straw.

2.Accounts receivable.

3.Accounts payable.

4.Intangible assetPatent.

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