The Larisa Company is exiting bankruptcy reorganization with the following accounts: Book Value Fair Value Receivables $ 91,000 $ 112,000 Inventory 211,000 232,000 Buildings 311,000 422,000 Liabilities 311,000 311,000 Common stock 341,000 Additional paid-in capital 42,000 Retained earnings (deficit) (81,000 ) The company's assets have a $831,000 reorganization value. As part of the reorganization, the company's owners transferred 80 percent of the outstanding stock to the creditors. Prepare the journal entry that is necessary to adjust the company's records to fresh start accounting. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)