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On January $1,2022,$ Pride Corporation purchased $90$ percent of the outstanding voting shares of Star, Incorporated, for $$486,000$ cash. The acquisition$-$date fair value of the noncontrolling interest was $$54,000.$ At January $1,2022,$ Star's net assets had a total carrying amount of $$380,000.$ Equipment $($eight$-$year remaining life$)$ was undervalued on Star's financial records by $$55,200.$ Any remaining excess fair value over book value was attributed to unpatented technology developed by Star $($four$-$year remaining life$),$ but not recorded on its books. Star recorded net income of $$48,300$ in $2022$ and $$55,200$ in $2023.$ Each year since the acquisition, Star has declared a $$13,800$ dividend. At January $1,2024,$ Pride's retained earnings show a $$172,500$ balance.

Selected account balances for the two companies from their separate operations were as follows:

$\backslash$table$[[,$Items,Pride,Star$],[\backslash$table$[[2024],[2024]],\backslash$table$[[$Revenues$],[$Exnencas$]],$$$343,700,$$$196,700$