On December 31, X3, Company A paid $11,650,000 in cash to acquire all the outstanding shares of Company B, making Company B a 100% subsidiary of Company A. The merger agreement also stipulates that if Company B's X4 year net profit after tax reaches or exceeds $1,500,000, Company A will additionally pay the original shareholders of Company B the following contingent consideration: A. Cash $100,000 B. Company A's common stock valued at $200,000, par value $10 per share Assuming that the fair values of the above two contingencies assessed on December 31, X3 are $70,000 and $110,000 respectively. On February 20, X4, Company A received the financial statements of Company B for the year X3. Its net profit after tax in the year X3 was higher than $1,500,000, which made Company A believe that the possibility of Company B reaching the profit target in the year X4 increased, so it reassessed the contingent consideration. The fair values should be: $80,000 and $120,000 respectively. On March 15, X5, Company A received the financial statement of Company B for year X4. The net profit after tax of Company B in X4 year was $2,000,000, and the profit target was achieved. On that day, Company A paid the original shareholders of Company B $100,000 in cash and 5,000 shares of Company A according to the contract. common stock. The price per common share of Company A on March 15, X5 was $40. Trial: 1. Relevant entries of Company A on December 31, X3 2. On February 20, X4, Company A reassessed the entry related to the fair value of the contingent consideration 3. Relevant entries of Company A on March 15, X5