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Watkins, Incorporated acquires all of the outstanding stock of Glen Corporation on January 1 , 2 0 2 3 . At that di three assets

Watkins, Incorporated acquires all of the outstanding stock of Glen Corporation on January

1, 2023 .

At that di

three assets and has no liabilities:

If Watkins pays $

300, 000

in cash for Glen, at what amount would the subsidiary's Bulding be ref

consolidation?

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