The financial statement amounts for the Sun Company and the Moon Company as of December 31, 2021, are presented below. Also included are the fair values for Moon Company's net assets (all numbers are in thousands).

SunMoon Co.Moon Co. Book ValueBook ValueFair Value 12/31/202112/31/202112/31/2021 Cash$870 $240 $240 Receivables 660 600 600 Inventory 1,230 420 580 Land 1,800 260 250 Buildings (net) 1,800 540 650 Equipment (net) 660 380 400 Accounts payable (570) (240) (240) Accrued expenses (270) (60) (60) Long-term liabilities (2,700) (1,020) (1,120) Common stock ($20 par) (1,980) Common stock ($5 par) (420) Additional paid-in capital (210) (180) Retained earnings 1/1/21 (1,170) (480) Revenues (2,880) (660) Expenses 2,760 620

Note: Parenthesis indicate a credit balance

Assume an acquisition business combination took place at December 31, 2021. Sun issued 50 shares of its common stock with a fair value of $35 per share for all of the outstanding common shares of Moon. Stock issuance costs of $15 (in thousands) and direct costs of $10 (in thousands) were paid.

Compute consolidated goodwill at the date of the acquisition. Please show your work.

$360.

$450.

$460.

$440.

$475.