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4 25 ints B001222 Flynn acquires 100 percent of the outstanding voting shares of Macek Company on January 1, 2021 To ott the shares
4 25 ints B001222 Flynn acquires 100 percent of the outstanding voting shares of Macek Company on January 1, 2021 To ott the shares Pyn pays $400 cash and and w of $20 par value common stock on this date. Flynn's stock had a fair value of $36 per share on that date Fyn as pays $5 in thousands to locates fam for acquisition. An additional $10 in thousands) was paid by Flynn in stock suance costs The book values for both Flynn and Macek immediately preceding the acquisition follow, The fair value of each of Flynn and Mack accounts is who included in addison fully amortized trademark that still retains a $40 (in thousands) value. The figures below are in thousands. Any related question so w thousands Cash Receivables Inventory Land Buildings (net) Equipment Accounts payable Long-term liabilities Common stock Additional paid-in capital Retained earnings Macek Company Flynn, Inc Book Value Fair Value $900 $ 80 $ 80 480 180 160 660 260 300 300 120 130 1,200 220 280 360 100 75 480 60 60 1,140 340 300 1,000 80 200 O 1,080 480 By how much will Flynn's additional paid-in capital increase as a result of this acquisition?
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