lock On January 1, 2022, Marshall Company acquired 100 percent of the outstanding common stock of Tucker Company. To acquire these shares, Marshall paid cash of $35,000 and issued 15,000 shares of common stock having a par value of $1 per share and a fair value of $25 per share. Prior to these transactions, the balance sheets for the two companies were as follows: Marshall Company Tucker Company Book Value Cash Receivables Land Buildings (net) Equipment (net) Accounts Payable Long-term Liabilities Common Stock - $1 par value Additional Paid in Capital Retained Earnings, 1/1/22 Book Value $ 100,000 $ 25,000 176,000 106,000 250,000 195,000 405,000 207,000 115,000 45,000 (124,000) (20,000) (419,000) (183,000) (117,000) (125,000) (212,000) 0 (174,000) (250,000) In Marshall's appraisal of Tucker, it deemed there to be a difference between book value and fair value for the following accounts: Land is undervalued by $45,000 and Buildings are overvalued by $15,000. Marshall plans to maintain Tucker's separate legal identity and to operate Tucker as a wholly owned subsidiary. Prepare the journal entry on Marshall's books to record the business combination. Allocate the acquisition-date fair value to the appropriate asset accounts. Record consolidation entry S. Record consolidation entry A.