Northwest Paperboard Company, a paper and allied products manufacturer, was seeking to gain a foothold in Canada. Toward that end, the company bought $40\%$ of the outstanding common shares of Vancouver Timber and Milling, Incorporated on January $2,2024,$ for $$440$ million.

At the date of purchase, the book value of Vancouver's net assets was $$795$ million. The book values and fair values for all balance sheet items were the same except for inventory and plant facilities. The fair value exceeded book value by $$5$ million for the inventory and by $$30$ million for the plant facilities.