Frazier Corporation acquired 75 percent of Bump Corporation's common stock on December 31, 20X8, for $300,000. The fair value of the noncontrolling interest at that date was determined to be $100,000. Bump's balance sheet immediately before the combination reflected the following balances:

Cash and Receivables	$	40,000
Inventory		70,000
Land		90,000
Buildings and Equipment (net)		250,000
Total Assets	$	450,000
Accounts Payable	$	30,000
Income Taxes Payable		40,000
Bonds Payable		100,000
Common Stock		100,000
Retained Earnings		180,000
Total Liabilities and Stockholders' Equity	$	450,000

A careful review of the fair value of Bump's assets and liabilities indicated that inventory, land, and buildings and equipment (net) had fair values of $65,000, $100,000, and, $300,000 respectively. Goodwill is assigned proportionately to Frazier and the noncontrolling shareholders.

Based on the preceding information, what amount of goodwill will be reported in the consolidated balance sheet immediately following the acquisition