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The following book and fair values were available for Westmont Company as of March 1 . Arturo Company pays $3,470,000 cash and issues 24,300 shares of its $2 par value common stock (fair value of $50 per share) for all of Westmont's common stock in a merger, after which Westmont will cease to exist as a separate entity. Stock issue costs amount to $25,800 and Arturo pays \$47,400 for legal fees to complete the transaction. Prepare Arturo's journal entries to record its acquisition of Westmont, (If no entry is required for a transaction/event, select "No journal entry required" in the first occount field.) Journal entry worksheet Recosd the acquitsitien of Westmont Company. Arturo Company pays $3,470,000 cash and issues 24,300 shares of its $2 par value common stock (fair value of $50 per share) for all of Westmont's common stock in a merger, after which Westmont will cease to exist as a separate entity. Stock issue costs amount to $25,800 and Arturo pays $47,400 for legal fees to complete the transaction. Prepare Arturo's journal entries to record its acquisition of Westmont. (If no entry is required for a transoction/event, select "No journol entry required" in the first occount field.) Journal entry worksheet Record the acquitition of Westmont Company. Journal entry worksheet Record the legal fees related to the combination. Note: Enter debits before credits. pare Arturo sournal entries to record its acquisition of Westmont. (If no entry is required for rnal entry required" in the first account field.) Journal entry worksheet Record the payment of stock issuance costs. Notes Enter debits before credits