Saved Pitino acquired 90 percent of Brey's outstanding shares on January 1, 2019, in exchange for $549,000 in cash. The subsidiary's stockholders' equity accounts totaled $533,000, and the noncontrolling interest had a fair value of $61,000 on that day. However, a building (with a ten-year remaining life) In Brey's accounting records was undervalued by $34,000. Pitino assigned the rest of the excess fair value over book value to Brey's patented technology (five-year remaining life). Brey reported net income from its own operations of $87,000 in 2019 and $103,000 in 2020. Brey declared dividends of $30,500 in 2019 and $34,500 in 2020. Brey sells Inventory to Pitino as follows: Mc Year Cost to Brey 2019 2020 2021 $ 92,000 112,500 192,500 Transfer Price to Pitino $ 230,000 250,000 275,000 Inventory Remaining at Year-End (at transfer price) $ 48,000 60,000 55,000 At December 31, 2021, Pitino owes Brey $39,000 for inventory acquired during the period. The following separate account balances are for these two companies for December 31, 2021, and the year then ended. Note: Parentheses indicate a credit balance. Sales revenues Cost of goods sold Expenses Equity in earnings of Brey Net income Retained earnings, 1/1/21 Net income (above) Dividends declared Retained earnings, 12/31/21 Cash and receivables Inventory Investment in Brey Land, buildings, and equipment (net) Total assets Liabilities Common stock Retained earnings, 12/31/21 Total liabilities and equity Pitino 5 (908,000) 538,000 187,700 (134,550) Brey $(481,000) 232,000 104,000 5 (316,850) 5 (145,000) $ (534,000) $(324,000) (316,850) 152,000 (145,000) 59,000 5 (698,850) 5 (410,000) 169,000 370,000 691,650 987,000 $ 2,217,650 $121,000 300,000 353,000 $ 772,000 (085,000) $ (20,000) (630,000) (334,000) (698,850) (410,000) $(2,217,650) $(772,000) What was the annual amrutzatuv resun from the armutiniste fanale allinratione? Pranc 30 Nirst