On December 31, 20X9, Add-On Company acquired 100 percent of Venus Corporation's common stock for $300,000. Balance sheet information for Venus just prior to the acquisition is given here:

Cash and Receivables $35,000 Inventory $75,000 Land $100,000 Buildings and Equipment (net) $220,000 Total Assets $430,000 Accounts Payable $65,000 Bonds Payable $150,000 Common Stock $100,000 Retained Earnings $115,000 Total Liabilities and StockholdersEquity $430,000

At the date of the business combination, Venus's net assets and liabilities approximated fair value except for inventory, which had a fair value of $60,000, land which had a fair value of $125,000, and buildings and equipment (net}, which had a fair value of $250,000. Based on the information provided, what amount will be included as investment in Venus Corporation in the consolidated balance sheet immediately following the acquisition?

A) $0 B) $300,000 C) $340 ,000 D) $385,000