The following are selected accounts and balances for Mergaronite Comp Mergaronite's accounts have been omitted. Credit balances are indicated same period. Inc. acquired 100 percent of the voting shares of BelAire Company on d issued 100,000 shares of its own $1 par value common stock. On this mbination is a statutory merger with BelAire subsequently dissolved as a d to a new reporting unit. lowing shows fair values for the BelAire reporting unit for January 1,2020 Alfonso Inc. acquired 100 percent of the voting shares of BelAire Company on January 1,2020 . In exchange, Alfonso paid $548,750 in cash and issued 100,000 shares of its own $1 par value common stock. On this date, Alfonso's stock had a fair value of $15 per share The combination is a statutory merger with BelAire subsequently dissolved as a legal corporation. BelAire's assets and tiabilities are assigned to a new reporting unit. The following shows fair values for the BelAlre reporting unit for January 1,2020 along with respective carrying amounts on December 31,2021 Note: Parentheses indicate a credit balance. b. On December 31,2021 . Alfonso opts to forgo any goodwillighp airment qual itstive assessment and estimates that the total far value Note: Enter cash paid and cash received as two separate atiourts. The following are selected accounts and balances for Mergaronite Comp Mergaronite's accounts have been omitted. Credit balances are indicated same period. Inc. acquired 100 percent of the voting shares of BelAire Company on d issued 100,000 shares of its own $1 par value common stock. On this mbination is a statutory merger with BelAire subsequently dissolved as a d to a new reporting unit. lowing shows fair values for the BelAire reporting unit for January 1,2020 Alfonso Inc. acquired 100 percent of the voting shares of BelAire Company on January 1,2020 . In exchange, Alfonso paid $548,750 in cash and issued 100,000 shares of its own $1 par value common stock. On this date, Alfonso's stock had a fair value of $15 per share The combination is a statutory merger with BelAire subsequently dissolved as a legal corporation. BelAire's assets and tiabilities are assigned to a new reporting unit. The following shows fair values for the BelAlre reporting unit for January 1,2020 along with respective carrying amounts on December 31,2021 Note: Parentheses indicate a credit balance. b. On December 31,2021 . Alfonso opts to forgo any goodwillighp airment qual itstive assessment and estimates that the total far value Note: Enter cash paid and cash received as two separate atiourts