Effects of qualifying as a business on asset acquisitions Assume that on January 1,2022 an investor company paid \\( \\$ 4,500 \\) to an investee company in exchange for the following assets and liabilities transferred from the investee company: In addition, the investor provided to the seller contingent consideration with a fair value of \\( \\$ 400 \\) and the investor paid an additional \\( \\$ 100 \\) of transaction costs to an unaffiliated third party. The contingent consideration has a potential settlement value of \\( \\$ 900 \\) in two years, and is not a derivative financial instrument. The book values are from the investee's financial records immediately before the exchange. The fair values are measured in accordance with FASB ASC 820: Fair Value Measurement. Parts a and b. are independent of each other. If no additional debit or credit entries are required, select \"No entry\" as the answer. a. Provide the journal entry recorded by the investor company assuming that the net assets transferred from the imvestee do not qualify as a \"business,\" as that term is defined in FASB ASC Master Glossary. b. Provide the journal entry recorded by the imvestor company assuming that the net assets transferred from the investee qualify as a \"business,\" as that term is defined in FASB ASC Master Glossary