Would like steps on the problem please.

Ayayai Corporation purchased the net assets of Blossom Corporation on January 2, 2020 for $565,600 and also paid $20,200 in direct acquisition costs. Blossom's balance sheet on January 1, 2020 was as follows: Fair values agree with book values except for inventory, land, and equipment, which have fair values of $403,600,$50,400 and $ 70,800, respectively. Blossom has patent rights valued at $20,200. Prepare Ayayai's general journal entry for the cash purchase of Blossom's net assets. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) Assume Ayayai Corporation purchased the net assets of Blossom Corporation for $565,600 rather than $505,600, prepare the general journal entry. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)