On January 1, 2020, Barber Corp. paid $1,160,000 to acquire Thompson Co. Thompson maintained separate incorporation. Barber used the equity method to account for the investment. The following information is available for Thompsons assets, liabilities, and stockholders' equity accounts on January 1, 2020:

	Book Value			Fair Value
Current assets	$	130,000		$	130,000
Land		75,000			193,000
Building (twenty year life)		250,000			276,000
Equipment (ten year life)		540,000			518,000
Current liabilities		26,000			26,000
Long-term liabilities		124,000			124,000
Common stock		233,000
Additional paid-in capital		389,000
Retained earnings		223,000

Thompson earned net income for 2020 of $134,000 and paid dividends of $51,000 during the year.

At the end of 2020, the consolidation entry to eliminate Barbers accrual of Thompsons earnings would include a credit to Investment in Thompson Co. for