Playtown Corporation purchased $75$ percent of Sandbox Company common stock and $40$ percent of its preferred stock on January $1,206,$ for $$270,000$ and $$80,000,$ respectively. At the time of purchase, the fair value of Sandbox's common shares held by the noncontrolling interest was $$90,000.$ Sandbox's balance sheet contained the following balances:

$\backslash$table$[[$Preferred Stock $($ $$10$ par value$),$$$200,000$