On January $1,2022,$ Jackson Corporation acquired $90$ percent of Morton Company. Of Morton's total acquisition$-$date fair value, $$100,000$ was allocated to undervalued equipment $($with a $10-$year remaining life$).$ On January $1,2023,$ Jackson sold Morton a building for $$70,000$ that had originally cost $$90,000$ but had only $$50,000$ book value at the date of transfer. The building is estimated to have a five$-$year remaining life $($straight$-$line depreciation is used with no salvage value$).$ Assume the amount of operating expenses reported in Jackson and Morton Company's $2024$ individual financial record is $$162,000$ and $$94,000,$ respectively. The amount of operating expenses that would appear on consolidated financial statement for $2024$ would be: $$ $$260,000.$ $$252,000.$ $$256,000.$ $$262,000.$