Farm Fresh, Inc. acquires Organic Eats Corporation for $190 million in cash, in a merger. Organic Eats’ balance sheet at the date of acquisition is as follows (in millions):

Current assets	$45
Plant and equipment	$130
Intangible assets	$25
Total assets	$200
Current liabilities	$32
Long-term debt	$75
Capital stock	$40
Retained earnings	$55
Treasury stock	$(25)
Total liabilities and equity	$200

A consulting firm values Organic Eats’ plant and equipment at $55 million and its reported intangibles at $30 million. Due to declining interest rates, long-term debt has a fair value of $80 million. There are no unreported identifiable intangibles, and all other assets and liabilities are reported at amounts approximating fair value.

Prepare the journal entry Farm Fresh makes to record its acquisition of Organic Eats.

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