On January $3,20$X$5,$ Pine Company acquired $75$ percent of Sap Company's outstanding common stock for cash. The fair value of the noncontrolling interest was equal to a proportionate share of the book value of Sap Company's net assets at the date of acquisition. Selected balance sheet data at December $31,20$X$5,$ are as follows:

$\backslash$table$[[,$Pine,Sap$],[$Total Assets,$$504,000,$$$216,000$