1. Change in Ownership Percentage (5 Points) On January 1, 2020, Priceless Memories owns 100% of Sunshine & More, Inc. that reports a Stockholders' Equity of $1,000,000 and 40,000 shares of $1 par value common stock outstanding. This acquisition includes $200,000 of unamortized AAP. Sunshine & More sells 10,000 of its unissued shares to outsiders for $50 per share. Prepare the journal entry on Priceless Memories books as a result of Sunshine & More's transaction