Date-of-acquisition information on Eco Drinkers assets and liabilities appears below: Book Value Fair Value AT $ 1,500 $ 2,000 Current assets 5,000 14,000 Property, plant, and equipment, net $ 16,000 Total assets 9,500 $ 9,000 Liabilities 1,500 Capital stock 6,800 Retained earnings (500) (800) S16,000 Accumulated other comprehensive loss Treasury stock Total liabilities and equity Bellot Water Company acquires the assets and liabilities of Eco Drinkers, paying the following amounts: $50,000 Cash consideration to the former owners 60,000 Fair value of new no-par common stock issued 1.000 Registration fees on new stock issued, paid in cash Accounting, consulting, and attorney services, paid in cash Eco Drinkers has the following previously unreported intangible assets meeting the criteria for separate recognition as identifiable intangible assets. 4,000 $5,000 Favorable lease agreements Developed technology 40,000 The following liabilities previously unreported by Eco Drinkers meet the criteria for separate recognition as acquired liabilities. $ 4,000 8,000 Deferred tax liabilities Warranty liabilities Required Bellot Water records the assets and liabilities of Eco Drinkers directly on its books. Prepare the journal entry or entries Bellot Water made to record the acquisition