$1.(42\mathrm{.}5$ points$)$ Pete Corporation acquired $100\%$ ownership of Sue Company on January $1,2021,$ for $$128,000.$ At that date, the fair value of Sue$$s buildings and equipment was $$22,000$ more than the book value. Buildings and equipment are depreciated on a $10-$year basis; the balance of Sue$$s accumulated depreciation was $$50,000$ on the date of acquisition. Pete$$s management concluded on December $31,2021$ that goodwill involved in its acquisition of Sue shares had been impaired and the correct carrying value was $$2,500.$

Trial balance data for Pete and Sue on December $31,2021$ are as follows in the picture.