Current Attempt in Progress Condensed balance sheets for Monty Company and Wildhorse Company on January 1,2023, are as follows: On January 1, 2023, the stockholders of Monty and Wildhorse 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 Monty was acquiring Wildhorse. Monty agreed to issue 42,000 shares of its $10 par stock to acquire all the net assets of Wildhorse at a time when the fair value of Monty's common stock was $15 per share. On the date of consolidation, the fair values of Wildhorse's current assets and liabilities were equal to their book values. The fair value of plant and equipment was, however, $304,000. Monty will incur $42,000 of direct acquisition costs and $12,600 in stock issue costs Prepare the journal entries on the books of Monty to record the acquisition of Wildhorse 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 Acquisition Costs Expense Cash Common Stock Current Assets Goodwill Liabilities No Entry Other Contributed Capital Plant and Equipment Debit Credit Credit