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Show how McIlroy determined the $$425,348$ Investment in Stinson account balance. Assume that McIlroy defers $100$ percent

of downstream intra$-$entity profits against its share of Stinson's income. $($Amounts to be deducted should be indicated with a

minus sign.$)$ On January $1,2020,$ Mcllroy, Inc., acquired a $60$ percent interest in the common stock of Stinson, Inc., for $$383,400.$ Stinson's book value on that date consisted of common stock of $$100,000$ and retained earnings of $$226,700.$ Also, the acquisition$-$date fair value of the $40$ percent noncontrolling interest was $$255,600.$ The subsidiary held patents $($with a $10-$year remaining life$)$ that were undervalued within the company's accounting records by $$88,000$ and an unrecorded customer list $(15-$year remaining life$)$ assessed at a $$63,900$ fair value. Any remaining excess acquisition$-$date fair value was assigned to goodwill. Since acquisition, Mcllroy has applied the equity method to its Investment in Stinson account and no goodwill impairment has occurred. At year$-$end, there are no intra$-$entity payables or receivables.

Intra$-$entity inventory sales between the two companies have been made as follows:

$\backslash$table$[[$Year$,$Cost to McIlroy,Transfer Price,Ending Balance$],[2020,$$$138,300,$$$172,875,($at transfer price$)],[2021,112,800,150,400,$$$57,625$