Additional Information:\ \ The goodwill impairment losses that occurred in 2020 and 2022 were $12,000 and $14,000, respectively.\ During 2021, Piata sold goods costing $40,000 to Salud for $80,000; of these, 60% were sold by Salud to external customers in 2021.\ In 2022, Salud sold goods costing $80,000 to Piata for $140,000; of these, 75% were sold by Piata to external customers in 2022.\ Piata's accounts payable at December 31, 2022 contain $20,000 owing to Salud for purchases of goods.\ Piata charged Salud management fees totalling $60,000 during 2022. Salud owes Piata $5,000 of this amount for December 2022.\ In 2022, Piata declared and paid dividends of $80,000. In 2022, Salud declared and paid dividends of $60,000.\ On April 1, 2021, Piata sold to Salud a machine for $100,000. The net book value of the machine in Piata's books was $70,000. The machine had an expected life remaining of 6 years at the date of the intercompany sale.\ In June 2022, Piata sold a parcel of land to Salud for $200,000. The land had a carrying value of $150,000 in Piata's books.\ \ \ The following are the separate entity Income Statements of Piata and Salud for the year ended December 31, 2022: