Please help. I don't understand what they are asking me to do. If you can provide an explanation for each step so I know for the future, I'd appreciate it. Thank you!

On January 1, 2024, Marigold Company acquired all the assets and assumed all the liabilities of Sandhill Company and merged Sandhill into Marigold. In exchange for the net assets of Sandhill, Marigold gave its bonds payable with a maturity value of $628,000, a stated interest rate of 9%. interest pavable semiannuallv on June 30 and December 31. a maturitv date of January 1, 2034, and a yield rate of s follows: Prepare the journal entry on the books of Marigold Company to record the acquisition of Sandhill 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 O for the amounts. List all debit entries before credit entries.)