On December $31,$ Pacifica, Inc., acquired $100$ percent of the voting stock of Seguros Company. Pacifica will maintain Seguros as a wholly owned subsidiary with its own legal and accounting identity. The consideration transferred to the owner of Seguros included $56,500$ newly issued Pacifica common shares $($ $$20$ market value, $$5$ par value$)$ and an agreement to pay an additional $$130,000$ cash if Seguros meets certain project completion goals by December $31$ of the following year. Pacifica estimates a $50-$percent probability that Seguros will be successful in meeting these goals and uses a $4$ percent discount rate to represent the time value of money.

Immediately prior to the acquisition, the following data for both firms were available:

$\backslash$table$[[,$Pacifica,$\backslash$table$[[$S$$guros$],[$Book$],[$Values$]],\backslash$table$[[$Seguros$],[$Fair$],[$Values$]]],[\backslash$table$[[$Revenues$],[$Expenses$]],\backslash$table$[[$$$(2,110,000)$