Brightcove, Inc. acquires all of the stock of Ciber, Inc. for $80 million in cash and accounts for the acquisition as a stock acquisition. Balance sheet information at the date of acquisition is as follows (in thousands): Brightcove, Inc. Ciber, Inc. Book Value Dr (Cr) Book Value Dr (Cr) Fair Value Dr (Cr) Current assets $40,000 $400 $250 Plant and equipment, net 200,000 12,000 5,000 Licenses and trademarks - 5,000 8,000 Investment in Ciber 80,000 - Current liabilities (80,000) (800) (800) Long-term liabilities (150,000) (10,000) (9,500) Capital stock (35,000) (8,000) Retained earnings (55,000) 1,400 Total $0 $0 Brightcove hires a consultant to identify and value any previously unreported intangible assets attributable to Ciber at the date of acquisition. The consultant identifies the following intangibles: Fair Value (in thousands) Customer contracts $2,000 Assembled workforce 25,000 Brand names 3,000 Leases at rents below current market 500 Developed technology 200 In-process research and development 1,000 Future cost savings from elimination of duplicate assets 400 Additional expected revenues from bundling products 800 a. Prepare a schedule of the excess of acquisition cost over Ciber’s book value and its allocation to Ciber’s identifiable net assets and goodwill. When appropriate, use negative signs with your excess of fair value over book value answers (left column only). Do not use negative signs in the right column. Enter answers in thousands.