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23 During the current year, Brewer Company acquired all of the outstanding common stock of Miller Inc paying $11,600,000 cash. book values and fair values of Miller's assets and liabilities acquired are listed below: Book Value Fair Valge Accounts receivable $1,600,000 $ 1,425,000 Inventories 2,300,000 3,600,000 Property, plant, and equipment 8,600,000 11,225,000 Accounts payable 2,600,000 2,600,000 Bonds payable 4,100,000 3,725,000 10 points Skipped Required: Prepare the journal entry to record the acquisition by Brewer Company. (If no entry is required for a transaction/event, select Journal entry required" in the first account field.) eBook View transaction let Journal entry worksheet Record the acquisition by Brewer Company. Note: Enter debits before credits Debit Credit Transaction General Journal MC Graw