On July 1, TruData Company issues 11,400 shares of its common stock with a $5 par value and a $40 fair value in exchange for all of Webstat Companys outstanding voting shares. Webstats precombination book and fair values are shown below along with book values for TruDatas accounts.

	TruData			Webstat			Webstat
	Book Values			Book Values			Fair Values
Revenues (1/1 to 7/1)	$	(285,000	)	$	(132,000	)
Expenses (1/1 to 7/1)		190,000			74,000
Retained earnings, 1/1		(126,000	)		(162,000	)
Cash and receivables		148,000			56,000		$	56,000
Inventory		178,000			164,000			178,000
Patented technology (net)		230,000			192,000			200,000
Land		414,000			206,000			246,000
Buildings and equipment (net)		94,000			78,000			78,000
Liabilities		(520,000	)		(376,000	)		(346,000	)
Common stock		(312,000	)		(60,000	)
Additional paid-in capital		(11,000	)		(40,000	)

On its acquisition-date consolidated balance sheet, what amount should TruData report as goodwill?

Multiple Choice

• $0.

• $44,000.

• $369,000.

• $136,000.