On January $1,2023,$ Bretz, Incorporated, acquired $60$ percent of the outstanding shares of Keane Company for $$573,000$ in cash. The price paid was proportionate to Keane's total fair value although at the date of acquisition, Keane had a total book value of $$810,000.$ All assets acquired and liabilities assumed had fair values equal to book values except for a copyright $($six$-$year remaining life$)$ that was undervalued in Keane's accounting records by $$120,000.$ During $2023,$ Keane reported net income of $$150,000$ and declared cash dividends of $$80,000.$ On January $1,2024,$ Bretz bought an additional $30$ percent interest in Keane for $$300,000.$

The following financial information is for these two companies for $2024.$ Keane issued no additional capital stock during either $2023$ or $2024.$ Also, at year$-$end, there were no intra$-$entity receivables or payables.

$\backslash$table$[[$Items$,\backslash$table$[[$Bretz$,],[$Incorporated$]],$Keane Company$],[$Revenues$,,$$$(300,000)$