The following book and fair values were available for Beech Company as of June 1: Alder Company pays $3,300,000 cash and issues 25,400 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 $25,300, and Alder pays $51,100 for legal fees to complete the transaction. Required: Prepare Alder's journal entries to record its acquisition of Beech. Note: If no entry is required for a transaction/event, select "No journal entry requiged" in the first account field