In a pre-2009 business combination, Acme Company acquired all of Brem Company's assets and liabilities for cash. After the combination Acme formally dissolved Brem. At the acquisition date, the following book and fair values were available for the Brem Company accounts: Current assets Equipment Trademark Liabilities Common stock Retained earnings Book Values Fair Values $ 52,600 $ 52,600 153,000 218,000 327,000 (60,600) (60,600) (100,000) (45,000) In addition, Acme paid an investment bank $32,400 cash for assistance in arranging the combination. a. Using the legacy purchase method for pre-2009 business combinations, prepare Acme's entry to record its acquisition of Brem in its accounting records assuming the following cash amounts of $660,400 and $417,400 were paid to the former owners of Brem. b. How would these journal entries change if the acquisition occurred post-2009 and therefore Acme applied the acquisition method? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round your intermediate calculations.) Record the acquisition of Brem using the purchase method assuming $660,400 was paid to the former owners of Brem Note: Enter debits before credits. Transaction General Journal Debit Credit Current Assets Equipment Trademark Cash Journal entry worksheet Record the acquisition of Brem using the purchase method assuming $417,400 was paid to the former owners of Brem Note: Enter debits before credits. Transaction General Journal Debit Credit Current Assets Equipment Trademark Liabilities Cash Journal entry worksheet Record the acquisition of Brem using the acquisition method assuming $660,400 was paid to the former owners of Brem Note: Enter debits before credits. Transaction General Journal Debit Credit Current Assets Equipment Trademark Goodwill Liabilities Cash Journal entry worksheet Record the expenses related to the combination using the acquisition method assuming $660,400 was paid to the former owners of Brem Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet