Peanut Company acquired $90$ percent of Snoopy Company's outstanding common stock for $$334,800$ on January $1,20$X$8,$ when the book value of Snoopy's net assets was equal to $$372,000.$ Peanut uses the equity method to account for investments. Trial balance data for Peanut and Snoopy as of January $1,20$X$8,$ follow:

$\backslash$table$[[,$Peanut Company,Snoopy Company$],[$Assets$,$$$57,000,$$$30,000$