At year-end, Martin Corporation acquired a 100% ownership interest in Benson Corporation at a cost of $400,000 cash. Martin determined that Bensons inventory was undervalued by $20,000 on the acquisition date. Martin had retained earnings totaling $172,000, common stock totaling $48,000, total assets of $480,000, and total liabilities of $260,000 just prior to the consolidation. Bensons net assets had a book value of $230,000 at the time of acquisition, with $70,000 reported as common stock and $160,000 reported as retained earnings. How much will Martin report as goodwill on its consolidated Balance Sheet immediately after the acquisition?

		$ 20,000
		$160,000
		$380,000
		$150,000