Question: Can you explain step by step? Patrick Corporation acquired 100 percent of O'Brien Company's outstanding common stock on January 1 for ( $ 633,200 )

Can you explain step by step? Patrick Corporation acquired 100 percent of O'Brien Company's outstanding common stock on January 1 for $ \$ 633,200 $ in cash. O'Brien reported net assets with a carrying amount of $ \$ 350,000 $ 2 answers

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