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Merger Organicfuces, Inc, acquires Healthy Snax Corporation for $50 million in cash, in a merger. Healthy Snax balance sheet at the date of acquisition is

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Merger Organicfuces, Inc, acquires Healthy Snax Corporation for $50 million in cash, in a merger. Healthy Snax balance sheet at the date of acquisition is as follows fin milions): A conshing fitm Values Healthy Snaxs plant and equpment at 540 millign and its intangoles at 325 million. There are no uneported identifiable intangbles, and all other assets and liab anounts approkitueing farivalue. riequited trter anwers in millions. Aconsuting firm values Healty 5eurs plant and equpment ot 140 milion and its intangbles at $25 mill on. There are no unreported identifiable intaingibles, and air oefer 2 ampuits uppronmating far value Pequered: Enter answers In raillions. Organic Juices, Inc, acquires Healthy Snax Corporation for $50 million in cash, in a merger. Healthy Snax' balance sheet at th A consulting firm values Healthy Snax's plant and equipment at $40 million and its intangibles at $25 million. There are no unre amounts approximating fair value. Required: Prepare the journal entry Organic juices makes to record its acquisition of Healthy Snax. Enter answers in millions

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