help with journal entries

Whispering Winds Company acquired the assets (except for cash) and assumed the liabilities of Carla Vista Company on January 1 , 2024. paying $740,000 cash. Carla Vista Company's December 31,2023 , balance sheet, reflecting both book values and fair values, showed: As part of the negotiations, Whispering Winds Company agreed to pay the former stockholders of Carla Vista Company $193,500 cash if the post-combination earnings of the combined company (Whispering Winds) reached certain levels during 2024 and 2025. The fair value of contingent consideration was estimated to be $143,700 on the date of acquisition. (a) Record the journal entry on the bools of pham Company to record the acquisition on January 1,2024. (Credit account dibles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tibles and enter 0 for the amounts (ist ail debit entries before credit entries)