On December $18,2024,$ Stephkado Corporation acquired $100$ percent of a Swiss company for $4\mathrm{.}004$ million Swiss francs $($CHF$),$ which is indicative of book and fair value. At the acquisition date, the exchange rate was $$1\mathrm{.}00=CHF1.$ On December $18,2024,$ the book and fair values of the subsidiary's assets and liabilities were as follows:

$\backslash$table$[[$Cash$,$CHF $804,000],[$Inventory$,1,304,000$