Punk Corporation purchased $90$ percent of Soul Company's voting common shares on January $1,20$X$2,$ at underlying book value. At that date, the fair value of the noncontrolling interest was equal to $10$ percent of the book value of Soul Company. Punk also purchased $$100,000$ of $6$ percent, five$-$year bonds directly from Soul on January $1,202,$ for $$104,000.$ The bonds pay interest annually on December $31.$ The trial balances of the companies as of December $31,20$X$4,$ are as follows:

$\backslash$table$[[$Item$,$Punk Corporation,Soul Company$],[$Debit$,$Credit,Debit,Credit$],[$Cash and Receivable,$$22,000,,$$$36,600,],[$Inventory$,165,000,,75,000,],[$Buildings and Equipment,$400,000,,240,000,],[$Investment in Soul Company Stock,$121,392,,,],[$Investment in Soul Company Bonds,$101,720,,(2),],[$Cost of Goods Sold,$86,000,,79,800,],[$Depreciation Expense,$20,000,,15,000,],[$Interest Expense,$16,000,,5,202,],[$Dividends Declared,$30,000,,20,000,],[$Accumulated Depreciation,,$$140,000,,$$$80,000$