On December $31,2019,$ Akron, Inc., purchased $5$ percent of Zip Company's common shares on the open market in exchange for $$16,000.$ On December $31,2020,$ Akron, Inc., acquires an additional $25$ percent of Zip Company's outstanding common stock for $$95,000.$

During the next two years, the following information is available for Zip Company:

$\backslash$table$[[,,,$Common Stock$],[,$Income,$\backslash$table$[[$Dividends$],[$Declared$]],\backslash$table$[[$Fair Value$],[(\frac{12}{31})$