I need detailed help with steps on how to solve and the logic behind each step, please explain where every number in the calculation comes from, and be ready for follow up questions on your answers :

On July 1, 2013, Killearn Company acquired 105,000 of the outstanding shares of Shaun Company for $19 per share. This acquisition gave Killearn a 40 percent ownership of Shaun and allowed Killearn to significantly influence the investee