On january 1, 2014, Portland Company acquired all of Salem Company's voting stock for $14,000,000 in cash. Some of Salem's assets and tiabilities at the date of purchase had fair values that differed from reported values, as follows: Salem's total shareholders' equity at January 1, 2014, was $3,000,000. It is now December 31,2017 (four years later). Salem's retained earnings reflect the accumulation of net income less dividends; there have been no other changes in its retained earnings. Salem does not report any other comprehensive income. Cumulative goodwill impairment to the beginning of 2017 is $500,000. Goodwill impairment for 2017 is $250,000. Portland uses the complete equity method to account for its investment. The December 31,2017 , trial balance for S alem appears below. On the 2017 consolidation working paper, eliminating entry (R) reduces investment in Salem by