Core Telecom provides communication services in lowa, Nebraska, the Dakotas, and Montana. Core Telecom purchased goodwill as part of the acquisition of Surety Wireless Enterprises, which had the following figures: (Click the icon to view the data.) Read the requirements. Requirement 1. Joumalize the entry to record Midland State Telecom's purchase of Surety Wireless for $280,000 cash plus a $420,000 note payable. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit i Requirements 1. Journalize the entry to record Midland State Telecom's purchase of Surety Wireless for $280,000 cash plus a $420,000 note payable. 2. What special asset does Midland State Telecom's acquisition of Surely Wireless identify? How should Core Telecom account for this asset after acquiring Surety Wireless? Explain in detail Print Done Data Table $ Book value of assets Market value of assets Market value of liabilities 700,000 1,000,000 510,000 Choose from any list or enter any number in the