Goodwill and Bargain Purchase Theta Corporation paid $2,200,000 in cash for all of Iota Inc.'s assets and liabilities in a merger. The following table shows three possible cases for the merger:

Account	Fair Value
	Case 1
Current assets	$700,000
Plant assets	$1,100,000
Identifiable intangible assets	$1,000,000
Liabilities	$(1,400,000)
Fair value of identifiable net assets	$1,400,000

Required: In each of the above cases, prepare the journal entry Theta makes to record the acquisition.