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Time left 0 : 2 2 : 3 4 On January 1 , 2 0 2 3 , Pam Co . issued 1 0 ,

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On January 1,2023, Pam Co. issued 10,000 shares of common stock in exchange tor an or Spam Co.'s outstanding stock. Condensed balance sheets of Pam & Spam immediately before the combination follow:
\table[[,Pam,Spam],[Total Assets,$1,000,000?,$500,000?
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