On January 3, 2023, Grouper Limited purchased 3,700 (37\%) of the common shares of Sonja Corp. for $548,950 . The following information is provided about the identifiable assets and liabilities of Sonja at the date of acquisition: During 2023 , Sonja reported the following information on its statement of comprehensive income: Assume that the 37% interest is enough to make Sonja an associate of Grouper, and that Grouper is required to apply IFRS for its financial reporting. The fair value of Sonja's shares at December 31, 2023, is $150 per share. (a) Your answer is correct. Prepare the journal entry to record Grouper's purchase of the Sonja shares on January 3, 2023. (Hint: Any unexplained payment represents unrecognized goodwill of Sonja.) (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 debit entry before credit entry.)