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Part $1$

Crunchies$,$Inc$.,$ dominates the$$ snack$-$food industry with its Salty Chip brand. Assume that Crunchies purchased Super Snacks Company for $ $5\mathrm{.}0$ million cash. The market value of Super Snacks$\text{'}$ assets is $ $6$million$,$ and Super Snacks has liabilities with a market value of $ $3\mathrm{.}1$ million.

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Part $1$