Questions to work and submit for additional points for Exam 1. (2.5 points each). In all cases, show your work process 1. Planter Corporation used debentures with a par value of $330,000 to acquire 100 percent of Sorden Company's net assets on January 1, 20x2. On that date, the fair value of the bonds issued by Planter was $310,000. The following balance sheet data were reported by Sorden: anh oto Balance Sheet Item Historical Cost Fair Value Assets Various Assets $ 125,000 $135,000 Plant & Equipment 203,000 141,000 Less: Accumulated Depreciation (75,000) no Goodwill 5,000 Total Assets $ 258,000 Liabilities and Equities Accounts Payable $ 21,000 $ 21,000 Common Stock 44,500 Additional Paid-In Capital 28,500 Retained Earnings 163,000 000 Total Liabilities & Equities $ 258,000 0 0 ON 0 0 Provide the journal entry to record the acquisition? 000082 CS bro book