Ford Products transferred $$300,000$ of accounts receivable to a newly established subsidiary whose sole purpose was to buy and factor accounts receivable from Ford. Ford received a $65$ percent interest in the subsidiary while another company contributed $$140,000$ cash to be a $35$ percent owner. During the first year, the subsidiary reported $$320,000$ of revenue, $$240,000$ of expenses, and paid $$48,000$ of cash dividends.At what value will this variable interest entity be reported on Ford Products$$ balance sheet at year end, immediately prior to consolidation?

$$320,800$

$$264,800$

$$351,200$

$$240,000$