please help to explain

On January 1, 2023, AMI Corporation purchased the non-cash net assets of Crane Ltd. for \\( \\$ 8,318,900 \\). Following is the statement of financial position of Crane Ltd. from the company's year-end the previous day: As part of the negotiations, AMI and Crane agreed on the following fair values for the items on Crane's statement of financial position: Prepare the journal entry on the books of AMI Corporation to record the purchase of the non-cash net assets of Crane Ltd, assuming AMI paid cash for the net assets. (If no entry is required, select \"No Entry\" for the account titles and enter \\( \\mathrm{O} \\) for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.)