Leaf Inc. $($Leaf$)$ acquired a $60\%$ interest in Maple Company $($Maple$)$ on January $1,2022$ for $$270,000.$

Unless otherwise stated, Leaf uses the cost method to account for its investment in Maple.

Leaf used the fair value enterprise $($FVE$)$ method to value the noncontrolling interest.

On the acquisition date, Maple had common stock and retained earnings valued at $$100,000$ and $$220,000,$ respectively. The acquisition differential was allocated as follows:

$$ $$80,000$ to undervalued inventory.

$$ $$30,000$ to undervalued equipment $($to be amortized over $20$ years$).$

The following took place during $2022$:

$$ Maple reported a net income and declared dividends of $$25,000$ and $$5,000,$ respectively.

$$ Leaf's December $31,2022$ inventory contained an intercompany profit of $$10,000.$

$$ Leaf's net income was $$75,000.$

The following took place during $2023$:

$$ Maple reported a net income and declared dividends of $$36,000$ and $$6,000,$ respectively.

$$ Maple's December $31,2023$ inventory contained an intercompany profit of $$5,000.$

$$ Leaf's net income was $$48,000.$

Both companies are subject to a $30\%$ tax rate. All intercompany sales as well as sales to outsiders are priced to provide the selling company with gross margin of $20\%.$

Which of the following is the correct consolidated net income attributable to the shareholders of the parent for $2023$

Multiple Choice

$$61,600.$

$$62,500$

$$69,300$

$$65,800$