At the beginning of the year, Red Company purchased 30% of Blue Company for $100,000. On the acquisition date, the book value of Blues identifiable assets was $200,000. Also, the fair value and book value of Blues assets and liabilities were the same except for Blues equipment, which had a book value of $25,000 and a fair value of $75,000 on the acquisition date. Blues equipment is depreciated over ten years using the straight-line method. At the end of the year, Blue reported net income of $100,000 and paid dividends of $60,000.

Reds investment in Blue at the end of the year that appears on Reds balance sheet was?

(Round to the nearest dollar)