At December $31,20$X$0,$ Crowe Company is a private entity with $75,000$ common

shares while Dylan Inc. has $40,000$ common shares outstanding and is listed at TSE.

Crowe plans to conduct a reverse takeover of Dylan to gain a listing status on the

stock exchange. For that purpose, Dylan issues $120,000$ shares to the current

shareholders of Crowe to exchange all of the Crowe's $75,000$ common shares. On

the acquisition date, the fair value of each share of Crowe is assessed to be $$200,$

and the fair value of Dylan's identifiable net assets is $$60\mathrm{.}0$ per share. What is the

fair value of the purchase consideration in this reverse takeover transaction?

a$.$ $$15,000,000.$

b$.$ $$9,600,000.$