Punyain Company acquired Sallsap Corporation on January $1,20$X$1,$ through an exchange of common shares. All of Sallsap's assets and llabilities were immediately transferred to Punyain, which reported total par value of shares outstanding of $$220,200$ and $$332,200$ and additional paid$-$in capital of $$371,100$ and $$707,100$ immediately before and after the business combination, respectively.

Required:

a$.$ Assuming that Punyain's common stock had a market value of $$28$ per share at the time of exchange, what number of shares was issued?

b$.$ What is the par value per share of Punyain's common stock?

c$.$ Assuming that Sallsap's identifiable assets had a fair value of $$477,800$ and its liabilities had a fair value of $$121,400,$ what amount of goodwill did Punyain record at the time of the business combination?

$\backslash$table$[[$a$.$ Number of shares issued,,$16,500],[$b$.$ Par value per share,$$,9],[$c$.$ Goodwill,$$,72,600]]$