Parkovash, Incorporated, obtained $100$ percent of Salerno Company$$s common stock on January $1,2023,$ by issuing $11,300$ shares of $$10$ par value common stock. Parkovash$$s shares had a $$15$ per share fair value. On that date, Salerno reported a net book value of $$126,000.$ However, its equipment $($with a $5-$year remaining life$)$ was undervalued by $$8,200$ in the company$$s accounting records. Also, Salerno had developed computer software with an assessed value of $$35,300,$ although no value had been recorded on Salerno$$s books. The computer software had an estimated remaining useful life of $10$ years.