Several years ago, Skylar Corporation acquired $65$ pertent of the voting stock of Jordan Inc. for a votal acquisition cost of $$38,700,000.$ At the time of acequipition, the fair value of the nonsoncolling interest was $$17,300,000,$ and the book value of Jordan was $$10$ million. The $$46$ million exerss of company fair value over book value was aftribuled entirely to goodwill. Skylar uses the complete equity method to rport its invevertent in Jorche on its own books, it is now January $31,2023,$ the fiscal yeaf$-$end. The following information is available:

Goodwill impaimens as of the beginning of fisen $2023$ is $$2$ million. Goodwill impairment for fiscal $2023$ is $$300,000.$

Jordar regalarly sells merchandise to Skylar. The unconfirmex inieroempany profit in Skylar's invelery at the beginning of fiseal $2023$ is $$600,000.$ The unconfimed incereompany profit in Skylat's inventory of the end of fiscal $2023$ is $$500,000.$ Total sales of mershandise from Jordan to Sicylar daring fiscal $2023$ are priced by Jordan at $$30$ million.

Sikylar sold land it earried at $$1$ millian to Jordan at the beginning of fiscal $2019$ for $$2,500,000.$ Joedan still carries the land on its books.

Skylar sold equipenent that was elrried at a nes beok value of $$7$ million to Jardan at the beginning of fiseal $2021$ for $$9$ million. Jordan still carries the equipment on its books. The equipment had a $5-$year life, straighr$-$line, as of the date it was sold to Jordan.

Below are the trial balences of Skylar Corp. and Jaftan Inc. at January $31,2023$

$\backslash$table$[[$D$,\backslash$table$[[$Skylir Corp.$],[$DR$.($CR$)]],\backslash$table$[[$Jordan Ine.$],[$DR $($CR$)]]],[$Creh and recthabild. $.......................................,52000\mathrm{.}000,800600],[,$asctovtoo,$16\mathrm{.}500\mathrm{.}000],[,s00,000,600,10,000,500$