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,Ruark Corporation acquired a 37 percent interest in Batson, Inc., for $275,500. On that date, Batson's balance sheet disclosed net assets of $550,000. Any excess

,Ruark Corporation acquired a 37 percent interest in Batson, Inc., for $275,500. On that date, Batson's balance sheet disclosed net assets of $550,000. Any excess of acquisition price is attributab...

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