ONE: (8 mars) (B1, C1) The condensed balance sheet of Bahrain Company and December 31, 2020, is show below: Beko Corp Balance Sheet (Prior to business combination) As e Decorbo 31,2828 HCC Cach $20,000 Other current assets 140,000 Plant assets (net) 740.000 5990,000 TO GET Liabilities and stockholders' Equity Current liabilities $ 80,000 200,000 180,000 Long-term debt Common stock, 52 par Additional paid in capital Retained eaming Total abilines and stockholder's equin 120.000 320,000 $900,000 On December 31, 2020, Manama Corporation issued 70,000 common stock of its 56 par value per share (current fair value $10 per share) to acquire all the net assets of Bahrain Company (except cash) in a business combination. The carrying amounts of Bahrain are other current assets and current liabilities were the same as their current fair value. However, current fair values of Bahrain's plant assets and long-term debt were 5920,000 and $190,000, respectively. Also, on December 31, Manama paid $50,000 out-of-pocket costs in connection with the business combination of which $20,000 were finder's, accounting, and legal fees directly related to the combination, and $30.000 were costa of registering and asuing the common stock to affect the combination Instruction Prepare journal entries for Manama Corporation to record its merger with Babrain Company on December 31", 2020. (Disregard income taxes)