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Reverse Corp. purchased Solar Inc. for $ 1 4 , 0 0 0 . The normal market value of the assets of Solar Inc. was

Reverse Corp. purchased Solar Inc. for $14,000. The normal market value of the assets of Solar Inc. was $11,500. This difference of $2,500($14,000 $11,500) is recorded on Reverse Corp.'s balance sheet as

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