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Sorensen and Lucas decide to form a partnership, Blossom Company, with the following agreed upon valuations for noncash assets. All cash will be transterred to

Sorensen and Lucas decide to form a partnership, Blossom Company, with the following agreed upon valuations for noncash assets. All cash will be transterred to the partnershig. and the partnership will assume alt the flabifities of the fuo proprietorships Sorensen and Lucas decide to form a partnership, Blossom Company, with the following agreed upon valuations for noncash assets. All cash will be transterred to the partnershig. and the partnership will assume alt the flabifities of the fuo proprietorships

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