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Playtown Corporation purchased 7 5 percent of Sandbox Company common stock and 4 0 percent of its preferred stock on January 1 , 2 0
Playtown Corporation purchased percent of Sandbox Company common stock and percent of its preferred stock on January for $ and $ respectively. At the time of purchase, the fair value of Sandbox's common shares held by the noncontrolling interest was $ Sandbox's balance sheet contained the following balances:
tablePreferred Stock $ par value$
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