On January $1,2023,$ Pepper$$ purchased $70\%$ of Salt. The apportionment of Goodwill was $80\%,20\%.$ On the date of acquisition, Salt had the following: Salt had unreported in process research & development valued at $$10,000$ that had an indefinite life. Land had an estimated fair value of $$15,000.$ Property, Plant & Equipment had a book value of $25,000$ and an estimated fair value of $$$$15,000$ with a life of $20$ years. Impairment testing in $2024$ shows an impairment of $$in process research & development of $$200$ and Goodwill of $$50.$ Salt reported net income of $$8,000$ and no Other Comprehensive Income Required: Prepare an Equity in Net Income Schedule for $2024$ in good form