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 Thompson's assets, liabilities, and stockholders' equity accounts January 1, 2020: Book Fair Value Value $130,000 $130,000 75,000 193,000 Current assets Land Building (twenty year 276,000 life) 250,000 540,000 26,000 124,000 233,000 389,000 223,000 Equipment (ten year life) Current liabilities Long-term liabilities Common stock Additional paid-in capital Retained earnings 518,000 26,000 124,000 Thompson earned net income for 2020 of $134,000 and paid dividends of $51,000 during the year. If Barber Corp. had net income of $468,000 in 2020, exclusive of the investment, what is the amount of consolidated net income