Stock Acquisition Use the following to answer the two questions below On March 15, 2021, P Company issued 30,000 of its $5 par value common stock to acquire 10,000 shares of S company. On that date, P Company's shares had a fair value of $17 per share. P Company had to pay $25,000 as finders' fees. In addition, P Company paid $136,000 to register the shares issued in the acquisition process. In the journal entry to record the stock acquisition, P Company should: * Debit "Investment in subsidiary" by $510,000 and Credit Cash by $510,000 Debit "Investment in subsidiary" by $510,000, Credit Common Stock by $150,000 and Credit Other Contributed Capital by $360,000 Debit Investment in subsidiary" by $150,000, Credit Common Stock by $150,000 O None of the above P Company should also prepare an entry to: Credit Cash by $161,000 and Debit Acquisition Costs by $161,000 Debit "Professional fees expense" by $25,000, Debit "Other Contributed Capital" by $136,000, and Credit Cash by $161,000 Debit Professional Fees Expense" by $25,000, Credit "Other Contributed Capital" by $136,000, and Debit "Cash" by $111,000 None of the above