Company Lights Inc acquires 100% of Company Sands Inc for $130,000 cash. The book value of Company Sands Inc's total equity (net assets)at the time was $110,000. Assuming that the market value of Sands's fixed assets exceeded book value by $20,000 and $5,000 of (previously unrecognized) identifiable intangible assets were included as part of the purchase, how much would be reported as goodwill on the initial consolidated balance sheet?