On January $1,2023,$ French Company acquired $60$ percent of K$-$Tech Company for $$342,000$ when K$-$Tech's book value was $$442,000.$ The fair value of the newly comprised $40$ percent noncontrolling interest was assessed at $$228,000.$ At the acquisition date, K$-$Tech's trademark $(10-$year remaining life$)$ was undervalued in its financial records by $$80,000.$ Also, patented technology $(5$ year remaining life$)$ was undervalued by $$48,000.$

In $2023,$ K$-$Tech reports $$8,000$ net income and declarts no dividends. At the end of $2024,$ the two companies report the following figures $($stockholders$\text{'}$ equity accounts have been omitted$)$:

$\backslash$table$[[$Items$,\backslash$table$[[$French Company$],[$Carrying Amounts$]],\backslash$table$[[$K$-$Tech Company$],[$Carrying$],[$Amounts$]],\backslash$table$[[$K$-$Tech Company$],[$Fair Values$]]],[$Current assets,$$644,000,$$$324,000,$$$344,000$