Facts: Yow own a chain of coffee shops in Delaware called Java the Hut. A competitor (Brandywine Coffee) offers to sell you the stock of company. You complete negotiations and agree to buy the company stock for Percent of stock acquired Acquisition professional fees incurred by Java the Hut: Legal $ 12, 000 Appraisal $ 8, 000 Listed below is the balance sheet of Brandywine Coffee on the acquisition date. The appraisal value (fair market value)of plant, property & equipment purchased from Brandywine Coffee were: The fair market value of working capital items (current assets & current liabilities) equals the historical cost in the balance sheet above. Required - Answer sheet attached. Prepare journal entry to record the acquisition balance sheet of Brandywine Coffee. Include all supporting calculations. Prepare journal entries to record acquisition of Brandywine Coffee on books of Java the Hut (parent company)