Glant acqulred all of Small's common stock on January $1,2020,$ In exchange for cash of $$770,000.$ On that day. Small reported common stock of $$170,000$ and retalned earnings of $$400,000.$ At the acquisition date, $$66,500$ of the falr$-$value price was attributed to undervalued land while $$62,000$ was assigned to undervalued equipment having a $10-$year remaining life. The $$71,500$ unallocated portion of the acquisition$-$date excess falr value over book value was vlewed as goodwill. Over the next few years, Glant applied the equlty method to the recording of this Investment.

The following are Individual financlal statements for the year ending December $31,2024.$ On that date, Small owes Glant $$17,300.$ Small declared and paid dividends in the same period. Credits are indicated by parentheses.

$\backslash$table$[[$Accounts$,$Giant,Sna$11],[$Revenues$,$$$(1,243,700),$$$(519,000)$