Vanety Associates recently purchased a new computer system from Gettman Brothers for its consumer products division. The new computer system is a standardized product with a current retail value of $1,575,000. Gettman wanted to be paid in Variety common shares. As a result, Gettman accepted 15,000 shares of Variety Associates' $4 par value common shares. On the date the online system was fully functional, the contract was satisfied and Variety issued the shares to Gettman. Variety shares were not publicly traded. Because the shares are privately placed, there are no stock issue costs. Prepare the journal entry to record the acquisition of the new computer system. (Record debits first, then credits. Exclude explanations from any journal entries.) Account Current Year