On July $1,2024,$ Ins$-$an Company acquired a $70$ percent interest in Asanta Company in exchange tor consideration of $5804,875$ in cash and equity securities$.$ The remaining $20$ percent of Atarta'$)$ shares traded closely near an average price that totaled $$326,377$ both before and ather Truman's acquisition.

In reviewing its acquistion, Thuman asslgned a $$124,500$ fair while to a patent recently developed by Atlanta, even though it was no recorded within the financial records of the subsidiary. This patert is anticipated to have a remaining life of five years.

The following financial information is avallable for these two companies for $2024.$ In adation. the subsidiay's income was earned unformly throughout the year. The subsidiary declared dividends quanetify.

$\backslash$table$[[$Treas$,$Triman,etlanta$],[$Revehues$,5(788,205),5(494,660)],[,$ater, me$,$mit,$],[$operating ergenses trebset of sudsidiary,$(58,83),-8],[$Net lacient,$5(377,7007),5(293,400?],[$Betained narsangs. $1/1/24,,5(3)$ay$,$ape$)],[$Met income cabovel,$(171,400),11,2007],[$Bivitends brelared,$156,$ am$,94\mathrm{.}844],[$artained sarsings, $\frac{12}{31}\frac{?}{24},1[1,872,5771,$s $(597,884)],[$Currest sssets,$5452,74,3$ Aus, exe$],[$Truestenn in Atlants,BuE, H$2,t$