31 (2 points) On January 1, 2013, the Moody Company entered into a transaction for 100% of the outstanding common stock of Osorio Company. To acquire these shares, Moody issued $500 in long-term liabilities and 40 shares of common stock having a par value of $5 per share but a fair value of $20 per share. Moody paid $20 to lawyers, accountants, and brokers for assistance in bringing about this acquisition. Another $15 was paid in connection with stock issuance costs. Prior to these transactions, the balance sheets for the two companies were as follows: Moody Osorio Cash Receivables Inventories Land Buildings (net) Equipment (net) $ 180 $ 40 810 180 1,080 280 600 360 1,260 440 480 100 Accounts payable (450) (80) Long-term liabilities (1,290) (400) Common stock ($1 par) (330) Common stock ($20 par) (240) Additional paid-in capital (1,080) (340) Retained earnings (1,260) (340) Note: Parentheses indicate a credit balance. In Moody's appraisal of Osorio, three assets were deemed to be undervalued on the subsidiary's books: Inventory by $40, Land by $10, and Buildings by $80. What amount was recorded as the investment in Osorio