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Palmer Cook Music Productions manages and operates two bands. The company entered into the following transactions

during a recent year.

January $2$ Purchased a tour bus for $$78,000$ by paying $$25,000$ cash and signing a $$53,000$ note due in two years. In its

accounting system, the company records the vehicle distinct from other types of equipment.

January $8$ After the bus was used for nearly one week, it was painted with the logos of the two bands at a cost of

$$600,$ on account. The logos did not increase the lifespan, operating capacity, or operating efficiency of

the bus, but they were thought to be useful in promoting the bands.

January $30$ Wrote a check for the amount owed on account for the work completed on January $8.$

February $1$ Purchased new speakers and amplifiers and wrote a check for the full $$19,500$ cost$.$

February $8$ Paid $$500$ cash for minor repairs to the tour bus.

March $1$ Paid $$25,000$ cash and signed a $$215,000$ five$-$year note to purchase a small office building and land. An

appraisal indicated that the building and land contributed equally to the total price.

March $31$ Paid $$84,000$ cash to acquire the goodwill and certain tangible assets of Kris' Myth$,$ Incorporated. The fair

values of the tangible assets acquired were $$14,000$ for band equipment and $$54,000$ for recording equipment.

Required:

$1-$a$.$ Complete the following accounting equation table for the above transactions. TIP: Goodwill is recorded as the excess of the

purchase price over the fair value of individual assets. $($Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a

minus sign.$)$

Answer is not complete.