At the beginning of 20X1, M Company acquired MTX Company for $250,000 cash and will maintain the separate incorporation of MTX. Included in MTX's assets were patents with a book value of $10,000 and a market value of $25,000. The patents have a ten year useful life. At the end of 20X1, MTX purchased additional patents for $5,000 cash. What will be the consolidated value of these patents at the end of 20X1? (Note: the book value given is the beginning book value; you do not have the ending book value.)