Can someone help me with the following question? Thanks a lot

Picture Company (Picture) owns 90% of Snapshot Inc. (Snapshot). On January 1, 2020, the investment in Snapshot account had a balance of $350,000 and Snapshot's common shares and retained earnings on that date were valued at $200,000 and $100,889, respectively. Moreover, the assets to which the remaining acquisition differential relates had a remaining life of 10 years on that date. Picture uses the equity method to account for its investment in Snapshot. On January 1, 2020, Picture sold a depreciable asset to Snapshot for cash of $50,000 resulting in a before-tax gain of $10,000. On January 1, 2023, Snapshot sold a depreciable asset to Picture for cash of $80,000 resulting in a before-tax gain of $20,000. Both assets had remaining useful lives of 10 years on their respective sale dates. Note: neither transaction was a capital gain for tax purposes. The tax rate for both companies is 30%. Snapshot's net income and dividends for 2020 and 2021 are shown below:

	2020	2021
Net Income	$80,000	$120,000
Dividends	$20,000	$30,000