On January 1,2020, AMI Corporation purchased the nan-cash nat assats of Sanchill Ltd. for $8,159,900. Fallowing is the statement of financial position of Sanchill Ltd. from tha company's yar-end the previaus day: As part of the negotiations, AMl and Sandhill agread on the following fair values for the items on Sandhill's statement of financial position: Prepare the journal entry on the boaks of AMI Corporation to record the purchase of the net assats of Sandhill Ltd, assuminz AMI paid cash for the nat assets. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manuallkJ. Prepare the journal entry on the books of AMI Corporation to record the purchase of the net assats of Sandhill Ltd, assuming AMII paid cash for tha nat assats. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Prepare the journal entry on the books of AMI Corporation to record the purchase, assuming that instead of buyinz the net assets af Sandhill, AMI purchased all of the company's shares, instead. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are autamatically indented when amount is entered. Do not indent manually. kinies feke met trifuratht