Cristal Corporation paid $$50,000$ for a $10\%$ interest in Luna Corp. on January $1,2014,$ when Luna's stockholders' equity consisted of $$400,000$ of $$10$ par value common stock and $$100,000$ retained earnings. On December $31,2015,$ Cristal paid $$96,000$ for an additional $20\%$ interest in Luna Corp. Both of Cristal's investments were made when Luna's book values equaled their fair values. Luna's net income and dividends for $2014$ and $2015$ were as follows:

$\backslash$table$[[,2014,2015],[$Net income,$$30,000,$$$70,000$