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Please answer quick! 3. Assume that the following balance sheets are stated at book value. Suppose the fair market value of Loafs fixed assets is

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3. Assume that the following balance sheets are stated at book value. Suppose the fair market value of Loafs fixed assets is $18.300 versus the $12,400 book value shown. Meat pays $25,000 for Loaf and raises the needed funds through an issue of long-term debt. Construct the postmerger balance sheet, assuming that the purchase method of accounting is used

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