0.00 points Hendrie Inc. acquired the listed assets and liabilities of Smith Corp. for $1,400,000 cash on 1 January. The book values and fair values of the assets of Smith as of the date of acquisition Book Value Fair 165,000 $165,000 240,000 380,000 Property, plant, and equipment 330,000 580,000 215,000 430,000 In addition, Smith Corp. had liablities totaling $350,000 at the date of acquisition and a customer ist estimated to have a fair value based on discounted future cash flows of $90,000. Prepare the journal entry necessary for Hendrie to record the acquisition. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list ournal entry worksheet Record the acquisition entry 5 6 7 8 9