Cost On January 2015, Limestone Corporation paid $340,000 for all of Gravel Rock Company outstanding common stock. On that date Gravel Rock recorded assets and liabilities were as follows: Fair Value Cash and Receivables $50,000 $50,000 Inventory 120,000 125,000 Buildings and Equipment (net) 200,000 240,000 Liabilities (100,000) (100,000) Net assets $270,000 315,000 Based on the information above, what would the excess cost over book value be reported as