On January 1, Coldwater Company has a net book value of $1,749,000 as follows:

2,550 shares of preferred stock; par value $100 per share; cumulative, nonparticipating, nonvoting; call value $108 per share	$	255,000
22,000 shares of common stock; par value $40 per share		880,000
Retained earnings		614,000
Total	$	1,749,000

Westmont Company acquires all outstanding preferred shares for $273,800 and 60 percent of the common stock for $951,720. The acquisition-date fair value of the noncontrolling interest in Coldwaters common stock was $634,480. Westmont believed that one of Coldwaters buildings, with a 12-year remaining life, was undervalued by $50,800 on the companys financial records.

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