Kelsey Corporation acquired $100$ percent of Snowdon Company's outstanding common stock on January $1$ for $$617,000$ in cash. Snowdon reported net assets with a carrying amount of $$351,000$ at that time. Some of Showdon's assets either were unrecorded $($having been internally developed$)$ or had fair values that differed from book values as follows:

$\backslash$table$[[$Asset$,$Book Values,Fair Values$],[$Trademarks $($indefinite life$),$$$66,000,$$$206,000$