Question: On December 3 1 , 2 0 2 4 , Panther Company issued 2 0 , 0 0 0 shares of its common stock with

On December 31,2024, Panther Company issued 20,000 shares of its common stock with a fair value of $50 per share for all the outstanding common shares of Snake Company. Stock issuance costs of $4,000 and direct costs of $1,000 were paid. In addition, Panther promised to pay an additional $2,200 to the former owners if Snake's earnings exceeded a certain amount during the next year. The fair value of the potential obligation is estimated at $2,000 at the date of acquisition. What is the total consideration transferred for this business combination?
On December 3 1 , 2 0 2 4 , Panther Company

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