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$

$\backslash$table$[[$Receivables$,,,],[\backslash$table$[[$Inventory$],[$Investment in Snowdon$]],188,000,,169,000],[\backslash$table$[[$Investment in Snowdon$],[$Trademarks$]],\backslash$table$[[850,160],[498,000]],,\backslash$table$[[0],[75,900]]],[$Software$,0,,-100],[$Equipment $($net$),978,000,,283,000],[$Goodwill$,0,,0],[$Total assets,$$3,091,160,,$$$718,600$