Connick Corporation acquired 75 percent of Houseman Corporations voting common stock. Housemans buildings and equipment had a book value of $400,000 and a fair value of $450,000 at the time of the acquisition. What will be the amount at which Housemans buildings and equipment will be reported in consolidated statements on the acquisition date?

		$337,500
		$400,000
		$430,000
		$450,000