Pitino acquired $90$ percent of Brey's outstanding shares on January $1,2022,$ In exchange for $$477,000$ In cash. The subsidlary's stockholders' equily accounts totaled $$461,000,$ and the noncontrolling Interest had a falr value of $$53,000$ on that day. However, a bullding $($with a ten$-$year remaining life$)$ In Brey's accounting records was undervalued by $$43,000.$ Pitino assigned the rest of the excess falr value over book value to Brey's patented technology $($four$-$year remaining llfe$).$

Brey reported net Income from its own operations of $$79,000$ in $2022$ and $$95,000$ in $2023.$ Brey declared dividends of $$26,500$ in $2022$ and $$30,500$ in $2023.$

Brey sells inventory to Pitino as follows:

$\backslash$table$[[$Year$,$Cost to Brey,$\backslash$table$[[$Transfer Price to$],[$Pitino$]],\backslash$table$[[$Inventory Remaining$],[$at Year$-$End $($at$],[$transfer price$)]]],[2022,$$$84,000,$$$190,000,$$$40,000$