On December 31, 2006, Alpha Corporation issued 18,000 shares of its Br 2 par (current fair value of Br 10 per share) common stock for all the outstanding common stock of Beta Corporation in a statutory merger. Out-of-pocket costs of the business combination paid by Alpha on December 31, 2006 are: Direct costs of the business combination Br 22,000 Cost of registering and issuing common stock 15,000 Total out-of-pocket costs of business combination Br 37,000 Beta had the following balance sheet on December 31, 2006: Beta Corporation Balance Sheet December 31, 2006 Book Value Market Value Assets: In Birr In Birr Inventories. 96,000 110,000 Other current assets. 52,000 52,000 Plant assets (net) 172,00 195,000 Total assets 320,000 357,000 Liabilities & Stockholders' Equity: Liabilities 175,000 175,000 Common Stock, Br 5 par 20,000 Additional paid-in capital 50,000 Retained earnings.... 75,000 Total liabilities & Stockholders' equity. 320,000 Additional Information: a special copyright was not previously recorded on Betas records. The copyright has a current fair market value of Br 2,000. Beta had also Goodwill from previous business combinations that amounts Br 5,000 on the date of business combination. Required: Record the business combination under purchasing accounting. Show the calculation that backs up the entries