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Flynn acquires 100 percent of the outstanding voting shares of Mack Company on January 1. 2013. To obtain these shares, Flynn pays $400 cash (in

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Flynn acquires 100 percent of the outstanding voting shares of Mack 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 $40 per share on that date. Flynn siso pays $30 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 si retains a $40 in thousands value. The figures below are in thousands. Any related question also is in thousands Macek Book Fall Value Value $ 80 180 260 120 220 Company Flynn INC Cash $900 Receivables 480 Inventory 660 Land 300 Buildings inet) 1200 Equipment Accounts 480 payable Long-term 1140 abilities Additional 1200 paid-in capital Retained 1080 earnings $ 80 160 300 130 280 75 360 100 60 60 340 300 80 480 Required: Compute the amounts requested and enter your answer on the examination answer sheet 8. What is the amount of goodwil? 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

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