Problem $5\mathrm{.}32($Algo$)($LO $5\mathrm{.}2,5\mathrm{.}3,5\mathrm{.}4,5\mathrm{.}5)$

On January $1,2020,$ Mcllroy, Inc., acquired a $60$ percent Interest in the common stock of Stinson, Inc., for $$384,600.$ Stinson's book value on that date consisted of common stock of $$100,000$ and retained earnings of $$227,300.$ Also, the acquisition$-$date falr value of the $40$ percent noncontrolling Interest was $$256,400.$ The subsidlary held patents $($with a $10-$year remalning life$)$ that were undervalued Within the company's accounting records by $$77,800$ and an unrecorded customer list $(15-$year remaining life$)$ assessed at a $$53,700$ falr value. Any remaining excess acqulsition$-$date falr value was assigned to goodwill. Since acquisition, Mcllroy has applied the equity method to Its Investment in Stinson account and no goodwill Impalrment has occurred. At year$-$end, there are no Intra$-$entity payables or recelvables.

Intra$-$entity Inventory sales between the two companles have been made as follows:

$\backslash$table$[[$Year$,$Cost to Mcilroy,Transfer Price,Ending Balance$],[$to Stinson,$($at transfer price$),,],[2020,$$$126,900,$$$158,625,$$$52,875$