On December $31,2023,$ Petra Company invests $$32,000$ in Valery, a variable interest entity. In contractual agreements completed on that date, Petra established itself as the primary beneficiary of Valery. Previously, Petra had no equity interest in Valery. Immediately after Petra's investment, Valery presents the following balance sheet:

$\backslash$table$[[$Cash$,$$$32,000,$Long$-$term debt,$$108,000$