On January 1,20X1, Forest Company acquired 100 percent of Kent Company for $700,000 when Kent's bock value was $540,000. At the acquilsition date, Kent's trademark 20 year remuining life) was undervalued in its financial records by $60,000, Also, patented technology (10-year remaining life) was undervalued by $100,000, in 20x1. Forest reports revenues of $900,000 and expenses of $482,000 from its separate operations. Kent reports revenues of $512,000 and expenses of $305,000. What is the amount of 201 consolidsted net income