Alder Company pays $$4,030,000$ cash and issues $28,200$ shares of its $$2$ par value common stock $($fair value of $$50$ per share$)$ for all of Beech$$s common stock in a merger, after which Beech will cease to exist as a separate entity. Stock issue costs amount to $$32,400,$ and Alder pays $$49,800$ for legal fees to complete the transaction.