Exercise 3 On January 1, 2019, Moroco Corporation issued 10,000 shares of its own $10 par value common stock for 9,000 shares of the outstanding stock of Jerry Corporation in an acquisition. Moroco common stock at January 1,2019 was selling at $70 per share. Just before the business combination, balance sheet information of the two corporations was as follows: Required: 1. Prepare the journal entry on Myna Corporation's books to account for the investment in Berry Company. 2. Prepare a consolidated balance sheet for Myna Corporation and Subsidiary immediately after the business combination