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Welcome to the tutorial video where we will address a common question about urn outs in M&A deals. A student asked how to model urn outs in the purchase price allocation schedule, sources and uses schedule, and other schedules in the model, as well as how it impacts the three financial statements. We will provide a crash course on urn outs, including what they are, why they are used, and how to factor them into the model. This summary highlights the key points covered in the tutorial.