On January 1, 2024, Monty Company acquired all the assets and assumed all the liabilities of Wildhorse Company and merged Wildhorse into Monty. In exchange for the net assets of Wildhorse, Monty gave its bonds payable with a maturity value of $618,000, a stated interest rate of 9%, interest payable semiannually on June 30 and December 31 , a maturity date of January 1 , 2034, and a yield rate of 12%. Balance sheets for Monty and Wildhorse (as well as fair value data) on January 1,2024 , were as follows: Prepare the journal entry on the books of Monty Company to record the acquisition of Wildhorse Company's assets and liabilities in exchange for the bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275. 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