Capitol Company decided to sell one of its subsidiaries, Subsidiary ABC. BiRite Inc, is the purchaser of this subsidiary$-$ BiRite paid $$2,000,000$ for Subsidiary ABC. BiRite performed a valuation analysis of Subsidiary ABC's assets acquired and liabilities. The following table presents book values from Subsidiary ABC $\text{'}$s financial statements and fair values determined by BiRite:

$\backslash$table$[[$Description$,$Book Value,Fair Value$],[$Inventory$,420,000,5450,000],[$Accounts Recelvable,$330,000,330,000],[$Prepaid Assets,$70,000,60,000],[$Equlpment$,290,000,410,000],[$Right$-$of$-$Use Building,$330,000,360,000],[$Patent$,,220,000],[$Trademark$,125,000,125,000],[$Current Liabilities,$135,000,135,000],[$Lease Obligation,,$],[$Other Long$-$term Liabilities,,$170,000]]$

a$.$ Prepare the journal entry made by BiRite to record the acquitition of Subsidiary ABC.

b$.$ Describe how the journal entry would be different if the acquisition price was $51$ million.