On March 31, 20 Combinor mpany issued shares of its $1 par common 100,000 stock (current fair value ss a share) for all the outstanding common stock cc Company in a statutory current fair values. The balance sheet of ee on March 31, 20 with related Combin was as follows: Carrying Current Fair Value Amount Assets 260.000 200.000 Current Assets 480,000 400,000 Plant assets (net) 140.000 150.000 Other assets (none intangible) 740,000 Total assets Liabilities and Equity 100.000 100.000 Current Liabilities 340,000 240,000 Long-term debt 150,000 Common stock, no par or stated value 250,000 Retained earnings $740,000 Total liabilities and Equity Prepare journal entries for Combinor Company on March 31. 2011, to record the business combination with Combinee Company