On 1/1/2019 Company AA purchased all of the shares of company BB from its shareholders. In return, Company AA pald those shareholders $ 100,000 in cas and Issued for them 50,000 of its own shares (par value $2 each, market value 10 each). Company AA also pays $3,000 cash for registration fees, and $ 5,000 cash for consulting fees. On 1/1/2019, Company AA dissolves Company BB. The assets and liabilities of Company BB on 1/1/2019 equal the following value Account Book value Fair value Cash 50,000 50,000 60,0001 55,0001 170,000 Accounts receivable (net) Inventory Property, plant, and equipment (net) Accounts payable 150,000 350,000 100,000 400,000 100,000 Required: Provide the Journal entries for the above transactions in the books of Company A