On June 30,2024 , Sundown Company reported the following account balances: On June 30, 2024, Pelcore Company paid $322,100 cash for all assets and liablities of Sundown, which will cease to exist as a separate entity. In connection with the acquisition, Pelcore paid $19.100 in legal fees. Pelcore also agreed to pay $63.100 to the former owners of Sundown contingent on meeting certain revenue goals during 2025 . Pelcore estimated the present value of its probability adjusted expected payment for the contingency at $20.200. In determining its offer, Peicore noted the following pertaining to Sundown: - It holds a building with a fair value $41,900 more than its book value - It has developed a database appraised at $30,900, although it is hot recordec in its financial records. - It has research and development activity in process with an appraised fair value of $37,800. However, the project has not yet reached technological feasibility, and the assets used in the activity have no alremative future use. - Book values for the receivables, inventory, equipment, and liabilities app:oximate fair values. Required: Prepare Peicore's accounting entines to record the combination with Sundown Note: If no entry is required for o tronsoction/event, select "No journal entry required" in the first account fleld