On January $1,2020,$ Prestige Corporation acquired $100$ percent of the voting stock of Stylene Corporation in exchange for $$2,343,000$ in cash and securities$.$ On the acquisition date, Sty$$ene had the following balance sheet:

At the acquisition date, the book values of Stylene's assets and liabilities were generally equivalent to their fair values except for the following assets:

$\backslash$table$[[$Asset$,$Book Value,Fair Value,$\backslash$table$[[$Remaining$],[$Useful Life$]]],[$Equipment$,$$$2,420,000,$$$2,619,000,8$ years$],[$Customer lists,$0,193,000,4$ years$],[$Trademarks$,1,018,000,1,107,000,$indefinite$]]$

During the next two years, Stylene has the following income and tividends in its own separately prepared financial reports to its parent.

$\backslash$table$[[,$Net Income,Dividends$],[2020,$$$273,000,$$$25,000$