Current Attempt in Progress Blue Spruce Corporation went through a financial reorganization by writing down its buildings by $ 102,000 and eliminating its deficit, which was $ 171,000 before the reorganization. As part of the reorganization, the creditors agreed to take back 56% of the common shares in lieu of payment of the debt of $ 1.98 million (notes payable). Using the three-step method, prepare the entries to record the financial reorganization assuming that Blue Spruce follows ASPE. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit (To eliminate deficit with write-down of buildings) (To eliminate deficit against contributed capital) (To eliminate notes payable by issuance of common shares)