calculations would be adjusted for interest expense associated with this debt instrument .
eitf issue no .
04-08 would have been effective beginning with the company 2019s 2004 fourth quarter .
however , due to the fasb 2019s delay in issuing sfas no .
128r and the company 2019s intent and ability to settle this debt security in cash versus the issuance of stock , the impact of the additional diluted shares will not be included in the diluted earnings per share calculation until the proposed sfas no .
128r is effective .
when sfas no .
128r is effective , prior periods 2019 diluted shares outstanding and diluted earnings per share amounts will be restated to present comparable information .
the estimated annual reduction in the company 2019s diluted earnings per share would have been approximately $ .02 to $ .03 per share for total year 2005 , 2004 and 2003 .
because the impact of this standard is ongoing , the company 2019s diluted shares outstanding and diluted earnings per share amounts would be impacted until retirement or modification of certain terms of this debt security .
note 2 .
acquisitions and divestitures the company acquired cuno on august 2 , 2005 .
the operating results of cuno are included in the industrial business segment .
cuno is engaged in the design , manufacture and marketing of a comprehensive line of filtration products for the separation , clarification and purification of fluids and gases .
3m and cuno have complementary sets of filtration technologies and the opportunity to bring an even wider range of filtration solutions to customers around the world .
3m acquired cuno for approximately $ 1.36 billion , comprised of $ 1.27 billion of cash paid ( net of cash acquired ) and the acquisition of $ 80 million of debt , most of which has been repaid .
purchased identifiable intangible assets of $ 268 million for the cuno acquisition will be amortized on a straight- line basis over lives ranging from 5 to 20 years ( weighted-average life of 15 years ) .
in-process research and development charges from the cuno acquisition were not material .
pro forma information related to this acquisition is not included because its impact on company 2019s consolidated results of operations is not considered to be material .
the preliminary allocation of the purchase price is presented in the table that follows .
2005 cuno acquisition asset ( liability ) ( millions ) .

Accounts receivable
$96
Inventory
61
Property, plant, and equipment - net
121
Purchased intangible assets
268
Purchased goodwill
992
Other assets
30
Deferred tax liability
(102)
Accounts payable and other current liabilities
(104)
Interest bearing debt
(80)
Other long-term liabilities
(16)
Net assets acquired
$1,266
Supplemental information:
Cash paid
$1,294
Less: Cash acquired
28
Cash paid, net of cash acquired
$1,266

during the year ended december 31 , 2005 , 3m entered into two immaterial additional business combinations for a total purchase price of $ 27 million , net of cash acquired .
1 ) 3m ( electro and communications business ) purchased certain assets of siemens ultrasound division 2019s flexible circuit manufacturing line , a u.s .
operation .
the acquired operation produces flexible interconnect circuits that provide electrical connections between components in electronics systems used primarily in the transducers of ultrasound machines .
2 ) 3m ( display and graphics business ) purchased certain assets of mercury online solutions inc. , a u.s .
operation .
the acquired operation provides hardware and software technologies and network management services for digital signage and interactive kiosk networks. .

Question: Analyse this data from a financial earnings document. what was the percent of the accounts receivable of the net assets acquired
Choices:
0.09558
0.00008
0.06319
1
0.07583
Correct choice index: 4