Allerton Company acquires all of Deluxe Company's 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 $ 36,750 $ 36,750 Current assets Building Land Trademark Goodwill 114,000 70, 800 16,000 29,500 0 32,400 29,750 (61,500) (61, 500) Liabilities Common stock Retained earnings (100,000) (35,000) 1&2. Prepare Allerton's entry to record its acquisition of Deluxe in its accounting records assuming the following cash exchange amounts: $147,000 and $81,000. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list