Please help! I'm very confused :(

A. Assuming the combination occurred prior to 2009 and was accounted for under the purchase method, what amount will be reported for consolidated retained earnings?

B. Under the acquisition method, what amount will be reported for consolidated retained earnings?

Required information Flynn acquires 100 percent of the outstanding voting shares of Macek Company on January 1, 2018. To obtain these shares, Flynn pays $400 cash (in thousands) and issues 10,000 shares of $20 par value common stock on this date Flynn's stock had a fair value of $36 per share on that date. Flynn also pays $15 (in thousands) to a local investment firm for arranging the acquisition. An additional $10 (in thousands) was paid by Flynn in stock issuance cost:s The book values for both Flynn and Macek as of January 1, 2018 follow. The fair value of each of Flynn and Macek accounts is also included. In addition, Macek holds a fully amortized trademark that still retains a $40 (in thousands) value The figures below are in thousands. Any related question also is in thousands Flynn, Inc Macek Compan Book Value Fair Value Cash Receivables Inventory Land Buildings (net) Equipment Accounts payable Long-term liabilities Common stock Additional paid-in capital Retained earnings $900 480 660 300 1,200 360 480 1,140 1,000 200 1,080 $ 80 180 260 120 220 100 60 340 80 $ 80 160 300 130 280 75 60 300 480