Wooden Reed Inc. $($WRI$)$ issued $30,000$ voting common shares to acquire all of the assets and liabilities of Creative Instrument Ltd$.($CIL$).$ On the acquisition date, WRI's shares were trading at $$22$ per share. After the transaction, CIL owned $20\%$ of WRI's outstanding shares. The following information relates to CIL on the acquisition date: WRI carrying value CIL carrying value CIL fair value Cash $ $75,000$