Konica Company acquires $40\%$ of the voting stock of Lexmark Corporation on January $1,2018$ for $$60,000,000$ and treats it as an equity method inves tment. The book value on that date was $$100,000,000.$ Book values approximated fair values except for machinery & equipment that was undervalued by $$10,000,000(10$ year life$),$ building that was overvalued by $$4,000,000(4$ year life$).$ Konica also found previously unrecorded intangibles of $$50,000,000($indefinite life$).$

Lexmark reports the following income and dividends:

$\backslash$table$[[$Date: year ended,Income,Dividends$],[$December $31,2018,$$$9,000,000,0],[$December $31,2019,$$$6,000,000,0],[$December $31,2020,$$$5,000,000,0],[$December $31,2021,$$$5,000,000,$$$1,000,000$