Michael Moss, owner of Moss Interiors, is negotiating for the purchase of Ivanhoe Galleries. The balance sheet of Ivanhoe is given in an abbreviated form below.

Ivanhoe Gallaries Balance Sheet As of December 31, 2020
Assets				Liabilities and Stockholders Equity
Cash		$103,000		Accounts payable				$50,200
Land		69,800		Notes payable (long-term)				304,300
Buildings (net)		199,800		Total liabilities				354,500
Equipment (net)		174,800		Common stock		$200,500
Copyrights (net)		29,800		Retained earnings		22,200		222,700
Total assets		$577,200		Total liabilities and stockholders equity				$577,200

Moss and Ivanhoe agree that:

1.		Land is undervalued by $30,000.
2.		Equipment is overvalued by $5,000.

Ivanhoe agrees to sell the gallery to Moss for $350,000. Prepare the entry to record the purchase of Ivanhoe Galleries on Mosss books.

The goodwill came out to be $102,300 in the journal entry. How did they get this number?