ework i Saved Allerton Company acquires all of Deluxe Company's assets and liabilities for cash on January 1, 2021, and subsequently formally dissolves Deluxe. At the acquisition date, the following book and fair values were available for the Deluxe Company accounts: Current assets Building Land Trademark Goodwill Liabilities Book Values Fair Values $ 24,500 $ 24,500 109,500 68,000 11,000 25,300 0 38,000 31,800 2 (48,000) (48,000) Common stock Retained earnings (100,000) (35,000) 1&2. Prepare Allerton's entry to record its acquisition of Deluxe in its accounting records assuming the following cash exchange amounts: $131,000 and $90,500. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 Record the acquisition of Delex assuming the cash exchange of $131,000. Note: Enter debits before credits. He