Patriot, Incorporated, obtained all of the outstanding shares of Sandstone on June $30$ by issuing $20,000$ shares of common stock having a $$1$ par value but a $$70$ fair value. Patriot incurred $$10,000$ in stock issuance costs and paid $$70,000$ to an investment banking firm for its assistance in arranging the combination. In negotiating the final terms of the deal, Patriot also agrees to pay $$95,000$ to Sandstone$$s former owners if it achieves certain revenue goals in the next two years. Patriot estimates the probability adjusted present value of this contingent performance obligation at $$28,500.$

Required:

a$.$ What is the fair value of the consideration transferred in this combination?