The following pertains to Paylor $($P$)$ and Swift $($S$)$:

On January $1,2023,$ P purchased $25\%$ of S$$ common shares for $$50,000.$

On April $1,2023,$ P purchased $50\%$ of S$$ common shares for $$100,000.$ On this date, the fair value of

S$$s net assets was $$175,000.$ Included in the fair value of S$$ net assets was a building with a remaining

useful life of $5$ years $($fair value $$30,000$ higher than book value$)$ and a goodwill asset related to the

S$$ acquisition of Taylor Inc. $($book value and fair value of $$15,000)$ which occurred in $1989.$

The following intercompany transactions occurred in $2023$:

$-$On July $1,$ S sold P a parcel of land for $$50,000.$ The land had a net book value of $$20,000.$

$-$ S sold P $$100,000$ worth of inventory. $$40,000$ remains unsold as at December $31,2023.$

Additional information about P and S income is as:

$-$ Cost of goods sold is equal to $70\%$ of revenue

$-$S earns net income evenly throughout the year. S$$s net income in $2023$ was $$30,000$

$-$ S declared dividends of $$10,000$ on January $15,2023$ and $$18,000$ on December $15,2023.$

$-$P uses the partial goodwill approach to measure non$-$controlling interest $($NCI$).$

Required: Complete the table below $($extra lines are provided$)$: