The individual financial statements for Abbey Company and Bellstar Company for the year ending December $31,2024,$ follow. Abbry acquired a $60$ percent interest in Bellstar on January $1,2023,$ in exchange for various considerations totaling $$660,000.$ At the acquisition date, the fair value of the noncontrolling interest was $$440,000$ and Bellstar's book value was $$880,000.$ Bellstar had developed internally a trademark that was not recorded on its books but had an acquisition$-$date fair value of $$220,000.$ This intangible asset is being amortized over $20$ years.