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GrouperCorporation purchased the net assets of Carla Vista Corporation on January 2, 2020 for $610,400 and also paid $21,800 in direct acquisition costs. Carla Vista 's balance sheet on January 1, 2020 was as follows: Fair values agree with book values except for inventory, land, and equipment, which have fair values of $432,400,$53,600 and $ 77,200 , respectively. Carla Vista has patent rights valued at $21,800. Prepare Grouper 's general journal entry for the cash purchase of Carla Vista's net assets. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Assume Grouper Corporation purchased the net assets of Carla Vista Corporation for $550,400 rather than $610,400, prepare the general journal entry. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)