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Flynn Incorporated acquires $100$ percent of the outstanding voting shares of Macek Company on January $1,2024.$ 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$\text{'}$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 immediately preceding the acquisition 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.

$\backslash$table$[[,,$Macek$],[$Cash$,$Flynn$,$Book Value,Fair Value$],[$Receivables$,$$$900,$$$80,$$$80$