Assume on January 1,2022 an investor company paid $1,485 to an investee company in exchange...

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Accounting

Assume on January 1,2022 an investor company paid $1,485 to an investee company in exchange for the following assets and liabilities transferred from the investee c unaffiliated third party. The contingent consideration is not a derivative financial instrument. The fair values are measured in accordance with FASB ASC 820: Fair Value Measurement.

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