Allerton Company acquires all of Deluxe Company's assets and liabilities for cash on January 1, 2024, and subsequently formally dissolves Deluxe. At the acquisition date, the following book and fair values were available for the Deluxe Company accounts: Required: a. and b. Prepare Allerton's journal entry to record its acquisition of Deluxe in its accounting records assuming the following cash exchange amounts: $143,000 and $70,500. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 2 Record the acquisition of Deluxe assuming the cash exchange of $143,000. Journal entry worksheet Record the acquisition of Deluxe assuming the cash exchange of $70,500. Note: Enter debits before credits