A Co acquired a controlling interest in B Co and entered into the following transactions on acquisition date, $1$ July $20$x$3.$

$1.$ Cash payment to owners of B Co $$4,000,000$

$2.$ Loan payable to banks to finance the acquisition of B Co $$3,200,000$

$3.$ Fair value of shares issued to owners of B Co $$5,000,000$

$4.$ Book value of shares issued to owners of B Co $$4,000,000$

$5.$ Cost of issuing equity $$40,000$

$6.$ Deferred consideration, payable at the end of $5$ years $$8,000,000$

$7.$ Present value of deferred consideration at an interest rate of $5\%$ p$.$a $$6,268,209$

Required:

Prepare the journal entries that A Co would record to reflect the above transactions on $1$ July $20$x$3.$ Unamortized discount or premium, where applicable, should be shown separately.