2) Please show all workings, let the answers be concise.

Problem 2 (8 questions @ 2 points each-10%) Question3 8-15 pertain to the following: Flynn acquires 100 percent of the outstanding voting shares of Macek Company on January 1,2021. To obtain these shares, Flynn pays $400 (in thousands) and issues 10,000 shares of $20 par value common stock on this date. Flynn's stock had a fair value of $40 per share on that date. Flynn also pays $30 (in thousands) to a local investment firm for arranging the transaction. An additional $10 (in thousands) Was paid by Flynn in stock issuance costs. The preacquisition book values for both Flynn and Macek as of January 1, 2021 follow. The fair value of each of Flynn and Macek accounts is also included. In addition, Macek holds a fully amortized trademark that still retains a fair value of $40 (in thousands). The figures below are in thousands. Any related question also is in thousands Cash Receivables Inventory Land Buildings (net) Equipment Accounts payable Long-term liabilities Additional paid in capital Retained earnings Flynn, Inc. $ 900 480 680 300 1200 360 480 1,140 1200 1080 Macek Companyx Book Value $ 80 180 260 -3- 120 220 100 60 340 80 480 Fair Value $ 80 160 300 130 280 75 60 300 Required: Compute the amounts requested and enter your answer on the examination answer sheet 8. What is the amount of goodwill? 9. What amount will be reported for consolidated receivables? 10. What amount will be reported for consolidated inventory? 11. What amount will be reported for consolidated buildings? 12. What amount will be reported for consolidated equipment? 13. What amount will be reported for consolidated cash? 14. What amount will be reported for consolidated additional paid in capital? 15. What amount will be reported for consolidated retained earnings at 12/31