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Advanced Accounting: I need help from someone who knows what they are doing, and can provide an explanation in support of their answer. I do

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Advanced Accounting: I need help from someone who knows what they are doing, and can provide an explanation in support of their answer. I do know that stock registration fees are netted against APIC, but I do not know why my entry is not balancing.

Thanks

Acquisition Cost Potluck Corp. acquired all of the net assets of Sauers Corp. on June 30, 2016, in acquisition are as follows: Tangible assets... Intangible assets.. Liabilities $25,000,000 90,000,000 55,000,000 Potluck pays S100 million in cash and issues 1,500,000 shares of stock to the former owners of Sauers. Potluck's stock has a par value of $1/share. The market price of the shares at the date of acquisition, S40 share, is used to value the shares issued. Registration fees for the stock are $750,000, and legal and con- sulting fees connected with the acquisition are S900,000, both paid in cash Required Record the acquisition on June 30,2016

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