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Current Attempt in Progress Pascal Corporation purchased 905s of the stock of Satzer Company for $2,053,530 on January 1, 2015. On this date. the fair value of the assets and liabilities of 5 lzer Company was equal to their book value except for the inventory and equipment accounts. The inventory had a fair value of $724,400 and a book value of $598,200. The equipment had a bock value of $912,700 and a fair value of 51,090,900 The balances in Salzer Compary's common stock and retained earnings accounts on the date of acquisition were $1,196,600 and 5602,300, respectively. In general journal form, prepare the entry on Salzer Company's books to record the effect of the pushod down values implied by the purchase of its stockby Pascal Compamy assuming that values are allocated on the bssis of the lair value of Salrer Compary as a whole imputed from the trinsaction. if no entry is required, select "No Eniry' for the account tilies and enter O for the amounts. Credit account titles ore outomatically indented when the amount is entered. Do not indent manually