show all calculations and explanations, please.

The recorded amounts all approximate current values except for land (fair value of $60,000 ), inventory (fair value of $125,000 ), and trademarks (fair value of $15,000 ). Instructions a. Prepare the July 1 entry for Brigham Corporation to record the purchase. b. Prepare the December 31 entry for Brigham Corporation to record amortization of intangibles. The trademark has an estimated useful life of 4 years with a residual value of $3,000