On January 1, 2019, Gomez Inc. acquired 80% of Wright Co. by paying $558,000 cash. There is no active trading market for Wright stock. Wright Co. reported a Common Stock account balance of $185,000 and Retained Earnings of $310,000 at that date. The fair value of Wright Co. was appraised at $625,000. The total annual amortization was $14,000 as a result of this transaction. The subsidiary earned $102,000 in 2019 and $137,000 in 2020 with dividend payments of $47,000 each year. Without regard for this investment, Gomez had income of $335,000 in 2019 and $382,000 in 2020.

What is the noncontrolling interest balance as of December 31, 2020?