On January $1,2019,$ Pride Corporation purchased $90$ percent of the outstanding voting shares of Star, Inc., for $$495,000$ cash. The acquisition$-$date fair value of the noncontrolling interest was $$55,000.$ At January $1,2019,$ Star's net assets had a total carrying amount of $$384,000.$ Equipment $($eight$-$year remaining life$)$ was undervalued on Star's financial records by $$48,000.$ Any remaining excess fair value over book value was attributed to a customer list developed by Star $($four$-$year remaining life$),$ but not recorded on its books. Star recorded net income of $$42,000$ in $2019$ and $$48,000$ in $2020.$ Each year since the acquisition, Star has declared a $$12,000$ dividend. At January $1,2021,$ Pride's retained earnings show a $$150,000$ balance.

Selected account balances for the two companies from their separate operations were as follows:

$\backslash$table$[[,,$Pride,Star$],[2021$ Revenues,$$,298,900,$$$171,100$