10-3 This is data from the Marjean Company: Accounts Receivable Inventory Fixed Assets $100,000 80,000 Accounts Payable 30,000 Note Payable 150,000 $600,000 Owners' Equity 400,000 Accum Deprec 200,000 400,000 Burden Co. will buy Marjean Company for $1,300,000. They estimate the Accounts Receivable are worth $ 92,000, the Inventory is worth $140,000 and the Fixed Assets are worth $550,000. Everything else is worth its book value. Prepare the journal entry for the purchase on Burden Co.'s books. Problem 10-4