On January $1,2017,$ Cale Corp. paid $$1,020,000$ to acquire Kaltop Co$.$ Kaltop maintained separate incorporation. Cale used the equity method to account for the investment. The following information is available for Kaltop's assets, liabilities, and stockholders' equity accounts on January $1,2017$:

Book Value

Fair Value

Current assets

$$120,000$

$$120,000$

Land

$72,000$

$192,000$

Building $($twenty year life$)$

$240,000$

$268,000$

Equipment $($ten year life$)$

$540,000$

$516,000$

Current liabilities

$24,000$

$24,000$

Long term liabilities

$120,000$

$120,000$

Common Stock

$228,000$

Additional paid$-$in capital

$384,000$

Retained Earnings

$216,000$

Kaltop earned net income for $2017$ of $$126,000$ and paid dividends of $$48,000$ during the year.

The $2017$ total excess amortization of fair$-$value allocations is calculated to be$...$

Pregunta $6$Seleccione una:

a$.$

$($$$2,400)$

b$.$

$($$$1,000)$

c$.$

$$3,800$

d$.$

$$6,400$

e$.$

$$4,000$