5 (2 points) Jans Inc. acquired all of the outstanding common stock of Tysk Corp. on January 1, 2016, for $372,000. Equipment with a ten-year life was undervalued on Tysk's financial records by $46,000. Tysk also owned an unrecorded customer list with an assessed fair value of $67,000 and an estimated remaining life of ten years. Tysk earned reported net income of $180,000 in 2016 and $216,000 in 2017. Dividends of $70,000 were paid in each of these two years. Selected account balances as of December 31, 2018, for the two companies follow. Revenues Jans $1,080,000 Tysk $840,000 Expenses 480,000 700,000 Investment income Not given 0 Retained earnings, 840,000 600,000 1/1/18 Dividends paid 132,000 70,000 If the partial equity method had been applied, what was 2018 consolidated net income