Phoster Corporation established Skine Company as a wholly owned subsidiary. Phoster reported the following balance sheet amounts immediately before and after it transferred assets and accounts payable to Skine Company in exchange for $4,100$ shares of $$10$ par value common stock:

$\backslash$table$[[$Assets$,$Amount Reported$],[$Before$,$Transfer,After T$,$Transfer$],[\backslash$table$[[$Cash$],[$Cass$]]],[$Accounts Receivable,,$$50,000,,$$$25,000$