Condensed balance sheets for Grouper Company and Carla Vista Company on January 1, 2023, are as follows: On January 1, 2023, the stockholders of Grouper and Carla Vista agreed to a consolidation. Because FASB requires that one party be recognized as the acquirer and the other as the acquiree, it was agreed that Grouper was acquiring Carla Vista. Grouper agreed to issue 38,000 shares of its $10 par stock to acquire all the net assets of Carla Vista at a time when the fair value of Grouper's common stock was $15 per share. On the date of consolidation, the fair values of Carla Vista's current assets and liabilities were equal to their book values. The fair value of plant and equipment was, however, $276,000. Grouper will incur $38,000 of direct acquisition costs and $11,400 in stock issue costs. Prepare the journal entries on the books of Grouper to record the acquisition of Carla Vista Company'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 0 for the amounts. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit (To record assets and liabilities acquired) (To record the direct acquisition costs) (To record the stock issue costs)