Exercise 2A: Asset Purchase of Another Company HotSauce Inc. wants to purchase the net assets of AuntyAcid Inc. for purposes of horizontal consolidation and will pay $850,000 cash for them. The balance sheet for AuntyAcid Inc. on the date of purchase is as follows: AuntyAcid Inc. Balance Sheet as of 3/31/201 1 A) Prepare the journal entry amounts for this asset acquisition on the books of HotSauce Inc. by entering the proper debit and credit amounts in the gray-shaded cells below. B) Prepare the journal entry amounts for this asset acquisition on the books of AuntyAcid Inc. by entering the proper debit and credit amounts in the gray-shaded cells below