Problem $5-35($Algo$)($LO $5-2,5-3,5-4,5-5,5-7)$

On January $1,2019,$ Monica Company acquired $80$ percent of Young Company's outstanding common stock for $$808,000.$ The fair value of the noncontroling interest at the acquisition date was $$202,000.$ Young reported stockholders' equity accounts on that date as follows:

$\backslash$table$[[$Common stock$-$ $$10$ par value,$$200,000$