On June 20, 2011, the Company ... finalized the Company's acquisition from Unitasker of the Carex personal care business... for an aggregate purchase price of $116.... This strategic acquisition is expected to strengthen Colman's personal care business in Europe, primarily in the liquid body cleansing and deodorants business. Total purchase price consideration of $116 has been allocated to the net assets acquired based on their respective fair values at June 20, 2011. Colman's acquired 100 percent of the fair value of the net assets of Carex for $133 million in cash. Assume that Carex's assets (not detailed) at the time of the acquisition had a book value of $64 million and a fair value of $81 million. Colman's also assumed Carex's liabilities of $43 million (book value and fair value of the liabilities are the same, not detailed). Prepare the entry on the date of acquisition as a merger. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (I.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet 1 Record the entry on the date of acquisition as a merger. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal