The following book and fair values were available for Beech Company as of June 1: Alder Company pays $3,900,000 cash and issues 20,000 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 $25,000. and Alder pays $42,000 for legal fees to complete the transaction. Required: Prepare Alder's journal entries to record its acquisition of Beech