Flynn acquires 100 percent of the outstanding voting shares of Macek Company on January 1 , 2013 . To obtain these shares , Flynn pays $ 400 cash in thousands and issues 10,000 shares of $ 20 par value common stock on this date . Flynn 's stock had a fair value of $ 36 per share on that date . Flynn also pays $ 15 in thousands to a local investment firm for arranging the acquisition . An additional $ 10 in thousands was paid by Flynn in stock issuance costs . The book values for both Flynn and Macek as of January 1 , 2013 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 $ 40 in thousands value . The figures below are in thousands . Any related question also is in thousands . What amount will be reported for goodwill as a result of this acquisition ?