ProForm acquired $60$ percent of ClipRite on June $30,2023,$ for $$660,000$ in cash. Based on ClipRite's acquisition$-$date falr value, an Note: Parentheses Indicate a credit balance.

ProForm sold ClipRite Inventory costing $$82,000$ during the last sIx months of $2023$ for $$146,000.$ At year$-$end, $30$ percent remalned.