Sam wants to purchase 5mith, Inc. The following information is avallable for Smith from the balance sheet: The Company estimates that the Accounts Receivable are worth $230,000, the inventory is worth $425,000, and the building is worth $800,000 Everything else is worth its book value. 5 am will pay $1,400,000 for 5 mith. Record the joumal entry for this purchase. Journal entry worksheet