Bassett Inc. acquired all of the outstanding common stock of Brinkman Corp. on January 1, 2019, for $422,000. Equipment with a ten-year life was undervalued on Brinkmans financial records by $48,000. Brinkman also owned an unrecorded customer list with an assessed fair value of $71,000 and an estimated remaining life of five years.

Brinkman earned reported net income of $185,000 in 2019 and $226,000 in 2020. Dividends of $75,000 were paid in each of these two years. Selected account balances as of December 31, 2021, for the two companies follow.

	Bassett			Brinkman
Revenues	$	1,120,000		$	860,000
Expenses		500,000			600,000
Investment income		Not given			0
Retained earnings, 1/1/21		850,000			650,000
Dividends paid		132,000			80,000

If the partial equity method had been applied, what was 2021 consolidated net income?