Pina ColadaCorporation purchased the net assets of Cullumber Corporation on January 2, 2020 for $638,400 and also paid $ 22,800 in direct acquisition costs. Cullumber's balance sheet on January 1, 2020 was as follows: Accounts receivable-net Inventory Land Building-net Equipment-net Total assets $ 205,200 (a) 410,400 45,600 68,400 91,200 $ 820,800 Current liabilities Long term debt Common stock ($1 par) Paid-in capital Retained earnings Total liab. & equity $ 79,800 Debit 182,400 [00]] 22,800 490,200 Fair values agree with book values except for inventory, land, and equipment, which have fair values of $ 450,400, $ 55,600 and $ 81,200, respectively. Cullumber has patent rights valued at $ 22,800. 45,600 $ 820,800 Prepare Pina Colada's general journal entry for the cash purchase of Cullumber's net assets. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts. List all debit entries before credit entries.) Account Titles and Explanation Credit 100