On January 1, Coldwater Company has a net book value of $2,166,000 as follows:

1,800 shares of preferred stock; par value $100 per share; cumulative, nonparticipating, nonvoting; call value $108 per share	$	180,000
33,500 shares of common stock; par value $40 per share		1,340,000
Retained earnings		646,000
Total	$	2,166,000

Westmont Company acquires all outstanding preferred shares for $192,000 and 60 percent of the common stock for $1,259,640. The acquisition-date fair value of the noncontrolling interest in Coldwaters common stock was $839,760. Westmont believed that one of Coldwaters buildings, with a 12-year remaining life, was undervalued by $69,200 on the companys financial records.

What amount of consolidated goodwill would be recognized from this acquisition?