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The financial statements for Campbell, Inc., and Newton Company for the year ended December 31, 2021, prior to the business combination whereby Campbell acquired Newton,

The financial statements for Campbell, Inc., and Newton Company for the year ended December 31, 2021, prior to the business combination whereby Campbell acquired Newton, are as follows (in thousands):

Campbell Newton
Revenues $ 2,600 $ 700
Expenses 1,880 400
Net income $ 720 $ 300
Retained earnings, 1/1 $ 2,400 $ 500
Net income 720 300
Dividends (270 ) 0
Retained earning, 12/31 $ 2,850 $ 800
Cash $ 240 $ 230
Receivables and inventory 1,200 360
Buildings (net) 2,700 650
Equipment (net) 2,100 1,300
Total assets $ 6,240 $ 2,540
Liabilities $ 1,500 $ 720
Common stock 1,080 400
Additional paid-in capital 810 620
Retained earnings 2,850 800
Total liabilities & stockholders' equity $ 6,240 $ 2,540

On December 31, 2021, Campbell obtained a loan for $650 and used the proceeds, along with the transfer of 35 shares of its $10 par value common stock, in exchange for all of Newtons common stock. At the time of the transaction, Campbells common stock had a fair value of $40 per share.

In connection with the business combination, Campbell paid $25 to a broker for arranging the transaction and $30 in stock issuance costs. At the time of the transaction, Newtons equipment was actually worth $1,450 but its buildings were only valued at $590.

Compute the consolidated expenses for 2021.

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