Francisco Inc. acquired $100$ percent of the voting shares of Beltran Company on January $1,2017.$ In exchange, Francisco paid $$450,000$ in cash and issued $104,000$ shares of its own $$1$ par value common stock. On this date, Francisco's stock had a fair value of $$12$ per share. The combination is a statutory merger with Beltran subsequently dissolved as a legal corporation. Beltran's assets and liabilities are assigned to a new reporting unit.

The following reports the fair values for the Beltran reporting unit for January $1,2017,$ and December $31,2018,$ along with their respective book values on December $31,2018.$

$\backslash$table$[[$Beltran Reporting Unit,$\backslash$table$[[$Fair Values$],[\frac{1}{1}\frac{?}{17}$