On January 1, Jane company paid $ 900,000 cash for all of the issued and outstanding common stock of Reno Company . The carrying value for Reno's assets and liabilities on January 1 was as follows :

Cash $180,000

Accounts receivables 190,000

Capitalized software costs 300,000

Goodwill 150,000

Liabilities (250,000)

Net assets $570,000

On January 1 Reno's accounts receivable has a fair value of $150,000 . Additionally, Reno's in process R&D was estimated to have a fair value of $200,000. All other items were stated at their fair values. On Jane January 1, consolidated balance sheet, how much is reported for Goodwill?