On July $1,20$X$8,$ Pair Logic Corporation acquires $75$ percent of Systems Incorporated common stock for its underlying book value. At the time of acquisition, the fair value of the noncontrolling interest is equal to its proportionate share of book value of Systems. On January $1,20x8,$ Systems reported common stock of $$100,000$ and retained earnings of $$130,000.$ For the year $20$X$8,$ Systems reports the following items:

$\backslash$table$[[\backslash$table$[[$Before Combination$],[($January $1$ to June$],[30)]],\backslash$table$[[$After Combination$],[($July $1$ to December$],[31)]]],[$$$150,000,$$$160,000$