On January 3, 2020, Bridgeport Limited purchased 3,000 (30%) of the common shares of Sonja Corp. for $424,300. The following information is provided about the identifiable assets and liabilities of Sonja at the date of acquisition: Carrying Amount Fair Value Assets not subject to depreciation $527,000 $527,000 Assets subject to depreciation (10 years remaining) 773,000 873,000 Total identifiable assets 1,300,000 1,400,000 Liabilities 99,000 99,000 During 2020, Sonja reported the following information on its statement of comprehensive income: Income before discontinued operations Discontinued operations (net of tax) $238,000 (72,800 ) Net income and comprehensive income 165,200 Dividends declared and paid by Sonja November 15, 2020 94,000 Assume that the 30% interest is enough to make Sonja an associate of Bridgeport, and that Bridgeport is required to apply IFRS for its financial reporting. The fair value of Sonja's shares at December 31, 2020, is $152 per share.