Jernigan Corp. had the following account balances at 12/1/17 Receivables $96,000 Inventory $240,000 land $720,000 Building $600,000 Liabilities ($480,000) Common Stock ($120,000) Additional paid in capital ($120,000) Retained Earnings Beginning ($840,000) Revenue ($360,000) Expense $264,000 Several of Jernigan's accounts have fair values that differ from book value: Land $480,000 Building $720,000 Inventory $336,000 Liabilities ($396,000) Inglewood Inc. obtained all of the outstanding common shares of Jernigan by issuing 20,000 shares of common stock having a $6 par value, but a $66 fair value. Stock issuance costs amounted to $12,000 Prepare a fair value allocation and good will schedule at the date of the acquisition. Please complete in journal entry format