2. At the end of X5, Donghe Company paid $720,000 in cash to purchase 80% equity of Duli Company to gain control of Duli Company, and paid $30,000 for the stock issuance cost and $20,000 for other acquisition costs. Donghe Company adopts the equity method to deal with the investment in Duli Company, and measures the non-controlling interests according to the fair value on the acquisition date of $180,000. On December 31,X5, Dull Company's equity includes share capital of $500,000 and retained earnings of $300,000 : except for inventory that is undervalued by $40,000, land overvalued by $50,000, and equipment is undervalued by $60,000, the book amounts of other identifiable assets and liabilities are equal to their fair values. The above inventories have been sold in X 6 year, the equipment can be used for four years from the date of acquisition, and there is no residual value. The annual net profit and dividend distribution of Duli Company are as follows: 2. At the end of X5, Donghe Company paid $720,000 in cash to purchase 80% equity of Duli Company to gain control of Duli Company, and paid $30,000 for the stock issuance cost and $20,000 for other acquisition costs. Donghe Company adopts the equity method to deal with the investment in Duli Company, and measures the non-controlling interests according to the fair value on the acquisition date of $180,000. On December 31,X5, Dull Company's equity includes share capital of $500,000 and retained earnings of $300,000 : except for inventory that is undervalued by $40,000, land overvalued by $50,000, and equipment is undervalued by $60,000, the book amounts of other identifiable assets and liabilities are equal to their fair values. The above inventories have been sold in X 6 year, the equipment can be used for four years from the date of acquisition, and there is no residual value. The annual net profit and dividend distribution of Duli Company are as follows