On December 31, 20X9, Add-On Company acquired 100 percent of Venus Corporation's common stock for $300,000. Balance sheet information 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, Accounts Payable $65,000; Bonds Payable $150,000; Common Stock $100,000 Retained Earnings $115,000. 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?

		$0
		$395,000
		$255,000
		$300,000