Allerton Company acquires all of Deluxe Companys assets and liabilities for cash on January 1, 2021, and subsequently formally dissolves Deluxe. At the acquisition date, the following book and fair values were available for the Deluxe Company accounts:

	Book Values			Fair Values
Current assets	$	57,250		$	57,250
Building		91,500			48,700
Land		33,500			49,200
Trademark		0			34,000
Goodwill		17,000			?
Liabilities		(64,250	)		(64,250	)
Common stock		(100,000	)
Retained earnings		(35,000	)

1&2. Prepare Allertons entry to record its acquisition of Deluxe in its accounting records assuming the following cash exchange amounts: $164,000 and $106,000. (If no entry is re