please show all work and steps so i can understand this and not just the answers

Peep Inc, acquired 100% of the outstanding common stock of Shy Inc for $2,255,600 cash and 15,440 shares of its commonstock ( $2 par valuel. The stock's market value was $42 on the acquisition date. In addition, Peep Inc incurred the following direct costs: Before the acquisition consummation date, $86,920 of the direct costs was charged to a deferred charges account pending the completion of the acquisition. The remaining $6,440 has not been accrued or paid. Prepare the journal entry to record both the accuisition and the direct costs. (If no entry Is required, select "No Entry" for the account titles and enter O for the omounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually)