Price Corporation acquired $100$ percent ownership of Saver Company on January $1,208,$ for $$115,200.$ At that date, the fair value of Saver's buildings and equipment was $$15,000$ more than the book value. Buildings and equipment are depreciated on a $10-$year basis. Although goodwill is not amortized, Price's management concluded at December $31,208,$ that goodwill involved in its acquisition of Saver shares had been impaired and the correct carrying value was $$2,200.$ No additional impairment occurred in $209.$

Trial balance data for Price and Saver on December $31,20$X$9,$ are as follows:

$\backslash$table$[[$Item$,$Price Corporation,Saver Company$],[$Debit$,$Credit,Debit,Credit$],[$Cash$,$$$47,500,,$$$34,000,],[$Accounts Receivable,$92,000,,18,000,],[$Inventory$,104,000,,28,000,],[$Land$,65,000,,29,000,],[$Buildings and Equipment,$352,000,,167,000,],[$Investment in Saver Company,$129,700,,,],[$Cost of Goods Sold,$144,000,,112,000,],[$Wage Expense,$30,000,,15,000,],[$Depreciation Expense,$20,000,,9,000,],[$Interest Expense,$7,000,$a$,3,000,],[$Other Expenses,$18,000,T,11,000,],[$Dividends Declared,$33,000,,35,500,],[$Accumulated Depreciation,,$$165,000,,$$$38,000$