A. Hercules Corporation purchased the assets and assumed the liabilities of Zeus, Inc. by issuing 87,000 shares of Hercules Corporation common stock par = $2 per share; market = $10 per share). Zeus has cash of $84, 000; receivables of $204, 000; inventory of $17,000; property, plant & equipment (net) of $324, 000; and liabilities of $189, 000 on its balance sheet. Plant assets are worth 30% more than book value. In addition, there is an unrecorded trademark worth $42, 000. Merger costs were $53,000 and stock issue costs were $39,000, both of which were paid in cash. 1. Record this acquisition (including all cash outlays) in a journal entry or entries. Show individual assets. 2. Assume the same facts as in question #1 except that the market price of Hercules' stock is $5 instead of $10. Prepare a new journal entry or entries for the acquisition. I l Pa