Large Ltd$.$ purchased $75\%$ of Small Company on January $1,$ Year $6,$ for $$810,000,$ when the statement of financial position for Small showed common shares of $$600,000$ and retained earnings of $$300,000.$ On that date, the inventory of Small was undervalued by $$75,000,$ and a patent with an estimated remaining life of five years was overvalued by $$98,000.$

Small reported the following subsequent to January $1,$ Year $6$:

$\backslash$table$[[,$Profit,$],[,$ Loss$),$Dividends$],[$Year $6,$$$160,000,$$$45,000$