Question: PROBLEM 2 - 6 Purchase, Decision to Accept LO 5 Spalding Company has offered to sell to Ping Company its assets at their book values

PROBLEM 2-6
Purchase, Decision to Accept LO 5
Spalding Company has offered to sell to Ping Company its assets at their book values plus $1,800, ooo representing payment for goodwill. Operating data for 2018 for the two companies are as follows:
\table[[,Ping Company,Spalding Company],[Sales,$3,510,100,$2,365,800
PROBLEM 2 - 6 Purchase, Decision to Accept LO 5

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