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Total stockholders' equity of Tucker Company is $4,000,000. The fair market value of Tucker 's net identifiable assets (assets less liabilities) is $5,000,000. Empire Corporation

Total stockholders' equity of Tucker Company is $4,000,000. The fair market value of Tucker 's net identifiable assets (assets less liabilities) is $5,000,000. Empire Corporation makes an offer to purchase Tucker 's entire business for $5,800,000. In this situation:

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