The financial balances for the Atwood Company and the Franz Company as of December 31, 2013, are presented below. Also included are the fair values for Franz Company's net assets. Atwood Franz Co. Franz Co (all numbers are in thousands) Book Value Book Value Fur Value 12/31/2013 12/31/2013 12/31/2013 $ 240 800 600 $ 870 650 1,230 1,800 1.800 SHO 430 250 440 660 Cash Receivables Inventory Land Buildings (net) Equipment (net) Accounts payable Accrued expenses Long-term liabilities Common stock (S20 par) Common stock (55 par) Additional puid-in capital Retained earnings Revenues Expenses (570) (270) (2.700) (1980) 380 (240) ( 60) (1.020) 400 (240) (60) (1.120) (210) (1.170) (420) ( 180) (480) (660) (2380) 2.760 Note Parenthesis indicate a credit balance Assume an action business combination took place Decumber 31, 2013 Alwood issued 50 shares of its common ockh common shares of Franz Stock Issuance costs of $15 thousands and direct costs of $10 in thousands were paid oir value of 35 per share for all of the standing N Compute consolidated long term liebties at the date of the acquisition O $2.500 52.700 $2,800 53720 5320