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Problem 1: Superior widgets manufacturing reported a debt to equity ratio of 1.9 times at the end of 2015. If the company's total debt at the end of the year was $29 million, how much equity does superior have on its balance sheet?
Option 1: 14.9 million
Option 2: 17.2 million
Option 3: 15.3 million
Option 4: $16.8 million
Classy's goodwill from January 1, 2018 to January 1, 2019. What is the amount of the investment account immediately after the second share purchase?
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