d. On June 30, purchased the net assets of its competitor Bluefin Ltd. for $1,950,000 with the following book values and fair values: Accounts receivable Inventory Equipment Patent Accounts payable Notes payable Book value Fair value $550,000 $550,000 275,000 300,000 1,025,000 1,125,000 0 160,000 150,000 150,000 200,000 200,000 e. On September 3, paid $19,000 in legal fees in a successful patent defence related to the patent acquired on June 30, Required: Prepare journal entries to record the above transactions for Salmon Manufacturing Ltd