On January $1,2024,$ the Moody Company entered into a transaction for $100\%$ of the outstanding common stock of Osorio Company. To acquire these shares, Moody issued $$400$ in longterm liabilities and also issued $40$ shares of common stock having a par value of $$1$ per share but a fair value of $$10$ per share. Moody paid $$20$ to lawyers, accountants, and brokers for assistance in bringing about this acquisition. Another $$15$ was paid in connection with stock issuance costs. Prior to these transactions, the balance sheets for the two companies were as follows:

$\backslash$table$[[$Cash$,$Moody,Osorio$],[$Receivables$,$$$180,$$$40$