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 shareholder.

What amount of goodwill will be reported in the consolidated balance sheet immediately following the acquisition??