On January 1, 2021, Pujols, Inc. exchanges $600,000 fair-value consideration for 75% of the outstanding stock of Ramirez Corporation. The fair value of the non-controlling interest is $150,000. Ramirez net assets had book values equal to their fair values on January 1 for a net total of $700,000, except for a building with a useful life of 20 years that was undervalued by $80,000. Ramirez generates revenues of $500,000 and expenses of $340,000 and paid $40,000 of dividends in 2021. On a December 31 consolidated balance sheet, what amount should be reported as noncontrolling interest?