Problem 2-30 (LO 2-4, 2-5, 2-6a) Allerton Company acquires all of Deluxe Company's assets and liabilities for cash on January 1, 2018, and subsequently formally dissolves Deluxe. At the acquisition date, the following book and fair values were available for the Deluxe Company accounts: Fair Book Values Values Current assets 36,500 113,750 25,250 36,500 66,050 43,950 30,200 Building Land Trademark 22,000 (62,500) (100,000) (35,000) Goodwill Liabilities Common stock Retained earnings (62,500) 1&2. Prepare Allerton's entry to record its acquisition of Deluxe in its accounting records assuming the following cash exchange amounts: $159,000 and $100,000. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 1 2 Record the acquisition of Delex assuming the cash exchange of $159,000 Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal