Corporation acquired $80\%$ Jor S Corporation on January $1,2014$ for $$240,000$ cash when S$\text{'}$s stockholders' quily consisted of $$100,000$ of Common Stock and $$30,000$ of Retained Earnings. The difference between the rice paid by $B$ and the underlying equity acquired in $S$ was allocated solely to a patent amortized over $10$ years? $?$ sold merchandise to $S$ during the year in the amount of $$30,000.$$$10,000$ worth of inventory is still on hand at The end of the year with an unrealized profit of $$4,000.$ The separate company statements for $P$ and $S$ appear in the first two columns of the partially completed consolidated work paper.

$\backslash$table$[[,$P$,$S$],[,$Corp.,Corp.$],[$Cash$,20,000,19,000],[$Accounts Receivable$-$net,$120,000,55,000],[$Inventory $1/1,105,000,53,667],[$Investment in S Corporation,$240,000,],[$Equipment and Buildings$-$net,$600,000,430,000],[$Other assets,$270,000,420,000],[$Dividends Declared,$(30,000),(20,000)$