Required information The following information applies to the questions displayed below] Palmer Cook Music Productions manages and operatestwo bands. The company entered into the following transactions during a recent year January 2 Purchased a tour bus for $90,000 by paying $31,000 cash and signing a $59,000 note due in tuo years. In its accounting system, the company records the vehicle distinct from other types of equipment. January 8 fter the bus vas used for nearly one veek, it vas painted with the logos of the tuo bands at a cost ot $900, on account. The logos did not increase the lifespan, operating capacity, or operating efficiency of the bus, but they vere thought to be useful in promoting the bands. 2 January 30 Urote a check for the amount oued on account for the work completed on February 1 Purchased neu speakers and amplifiers and vrote a check for the full February 8 Paid $800 cash for minor repairs to the tour bus. January 8. $28, 500 cost. March 1 Paid $31,000 cash and signed a $245,000 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 $90,000 cash to acquire the goodui11 and certain tangible assets of Kris Myth, Inc. The tair values of the tangible assets acquired vere $20,000 for band equipment and $60,000 for recording equipment. ired Complete the table below for the above transactions TIP Goodwill is recorded as the excess of the purchase Equity with a minus sign.) ver the fair value of individual assets (Enter any decreases to Assets, Liabilities, or Stockholders Assets Liabilities nuary 02 anuary 08 anuary 30 ebruary 01 ebruary 08 March 01