Coca-Cola Corp. had the following account balances at 12/31/20: Fair Book Market Value Value Receivables $96,000 $96,000 Inventory $240,000 $336,000 Land $720,000 $480,000 Building $600,000 $720,000 Liabilities $480,000 $396,000 Common stock $120,000 Additional paid-in capital $120,000 Retained earnings, 12/31/20 $936,000 Coca-Cola Corp. obtained all of the outstanding common shares of Frito- Lay by issuing 20,000 shares of common stock having a $6 par value, but a $66 fair market value. Stock issuance costs amounted to $12,000. The transaction was accounted for as a purchase, and the subsidiary was not dissolved. Required: 1) What allocations were made of Frito-Lay's purchase price to specific accounts and to Goodwill? 2) What are the journal entries required to show the purchase and consolidation of Coca-Cola Corp