Dane, Inc., owns Carlton Corporation. For the current year, Dane reports net income (without consideration of its investment in Carlton) of $240,000 and the subsidiary reports $95,750. The parent had a bond payable outstanding on January 1, with a carrying amount of $264,000. The subsidiary acquired the bond on that date for $260,000. During the current year, Dane reported interest expense of $21,600 while Carlton reported interest income of $19,200, both related to the intra-entity bond payable. What is consolidated net income?