On January $1,2020$ Parkway Inc. issued securities with a total fair value of $$450,000$ for $90$ percent of Skyline Corporation. At the time the remaining $10\%$ interest was valued at $$40,000.$ Although Skyline's book value at the acquisition date was $$200,000,$ the Company's trademarks were undervalued by $$30,000.$ Additionally, Skyline's patented technology was undervalued by $$100,000.$ The trademarks were considered to have indefinite lives while the patented technology was expected to have an estimated life of $10$ years. In $2020,$ Skyline sold Parkway inventory costing $$30,000$ for $$50,000.$ As of $12/31/20,$ Parkway had resold only $28\%$ of the inventory $(72\%$ of the gross profits associated with Skyline's sale remained in inventory$).$ In $2021,$ Parkway purchased $$80,000$ of inventory from Skyline, with Skyline's cost for this inventory equaling $$40,000.$ At the end of $2021,$ Parkway held $$28,000$ of the Skyline $2021$ purchases in its inventory and none of the $2020$ purchases. Write Purchase Price Allocation for this intitial value problem.