Alfonso inc acquire 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 BetAire subsequently dissolved as a legal corporation. BelAire's assets and liabilities are assigned to a new reporting unit The following shows fair values for the BelAire reporting unit for January 1.2020 along with respective carring amounts on December 31,2021 Note: Parentheses indidate a credit balande Note' Enter cash paid ana cash efeive as as two separate amounts.