On January 1, 2020, French Company acquired 60 percent of K-Tech Company for $300,000 when K-Techs book value was $400,000. The fair value of the newly comprised 40 percent noncontrolling interest was assessed at $200,000. At the acquisition date, K-Tech's trademark (10-year remaining life) was undervalued in its financial records by $60,000. Also, patented technology (5-year remaining life) was undervalued by $40,000.

In 2020, K-Tech reports $30,000 net income and declares no dividends. At the end of 2021, the two companies report the following figures (stockholders equity accounts have been omitted):

	French Company Carrying Amounts				K-Tech Company Carrying Amounts				K-Tech Company Fair Values
Current assets	$	620,000			$	300,000			$	320,000
Trademarks		260,000				200,000				280,000
Patented technology		410,000				150,000				190,000
Liabilities		(390,000	)			(120,000	)			(120,000	)
Revenues		(900,000	)			(400,000	)
Expenses		500,000				300,000
Investment income		Not given

Note: Parentheses indicate a credit balance.

What amount is reported for trademarks in the 2021 consolidated balance sheet?