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Price Corporation acquired 1 0 0 percent ownership of Saver Company on January 1 , 2 0 X 8 , for $ 1 3 8

Price Corporation acquired 100 percent ownership of Saver Company on January 1,20X8, for $138,000. At that date, the fair value of Saver's buildings and equipment was $24,000 more than the book value.

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