The following book and fair values were available for Westmont Company as of March 1. Arturo Company pays $3,530.000 cash and issues 24,600 shares of its $2 par value common stock (fair value of $50 per share) for all of Westmont's common stock in a merger, after which Westmont will cease to exist as a separate entity, Stock issue costs amount to $33,900 and Arturo pays $51,400 for legal fees to complete the transaction. Prepare Arturo's journal entries to record its acquisition of Westmont. (If no entry is required for a transaction/event, select "No ournal entry required" in the first account field.)