On january $1,2019,$ pace company purchased $250,000$ shares of common stock directly from its subsidiary, sime company, for $$1\mathrm{.}50$ per share. Noncontrolling stockholders elected not to participate in the new issue. Pace company acquired its initial $92\mathrm{.}5\%$ interest in sime company by purchasing on the open market $462,500$ shares of simes common stock for $$578,125$ on january $1,2015.$ Sime companys stockholders equity just before each of the two purchases was as follows