Price Corporation acquired 100 percent ownership of Saver Company on January 1, 20X8, for $110,000. At that date, the fair value of Saver's buildings and equipment was $20,000 more than the book value. Accumulated depreciation on this date was $28,000. Buildings and equipment are depreciated on a 5-year basis. Although goodwill is not amortized, Price's management concluded at December 31, 20X8, that goodwill involved in its acquisition of Saver shares had been impaired and the correct carrying value was $2.500. No additional impairment occurred in 20X9. Trial balance data for Price and Saver on December 31, 20X9, are as follows: Item Cash Saver Company Debit Credit Price Corporation Debit Credit $ 45,500 $ 35,000 Accounts Receivable: 93,000 19,000 Inventory 105,000 29,000 Land 58,000 30,000 Buildings & Equipment 353,000 163,000 Investment in Saver Company 124,500 Cost of Goods Sold 140,000 112,000 Wage Expense 31,000 16,000 Depreciation Expense 21,000 10,000 Interest Expense 8,000 2,000 Other Expenses 19,000 12,000 Dividends Declared 37,000 32,000 Accumulated Depreciation $ 164,000 $ 48,000 Accounts Payable 44,000 15,000 Wages Payable 14,000 5,000 Notes Payable: 148,000 98,000 Common Stock 185,000 52,000 Retained Earnings Sales Income from Saver Company 143,000 40,000 291,000. 202,000 46,000 $1,035,000 $1,035,000 $460,000 $460,000