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Flynn Incorporated acquires 1 0 0 percent of the outstanding voting shares of Macek Company on January 1 , To obtaln these shares, Flynn pays

Flynn Incorporated acquires 100 percent of the outstanding voting shares of Macek Company on January 1,
To obtaln 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 falr 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 Immediately preceding the acquisition follow. The falr 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 consolidated common stock?
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