Book Value Fair Value Life Cash, receivables $100,000 $100,000 Equipment

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answerhappygod
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Book Value Fair Value Life Cash, receivables $100,000 $100,000 Equipment

Post by answerhappygod »

Book
Value Fair
Value Life
Cash,
receivables
$100,000
$100,000
Equipment

375,000
450,000 3
years
Land

200,000
150,000
Building
(net)

500,000

580,000 5 years
Payables
$300,000
$200,000
1 year
Blackfish Net Assets
$875,000
$1,080,000
Blackfish uses the equity method, as required.
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