On July 1, TruData Company issues 12,600 shares of its common stock with a $5 par value and a $35 fair value in exchange for all of Webstat Company's outstanding voting shares. Webstat's precombination book and fair values are shown below along with book values for TruData's accounts.

TruDataWebstatWebstatBook ValuesBook ValuesFair ValuesRevenues (1/1 to 7/1)$(320,600)$(142,000)Expenses (1/1 to 7/1)164,00098,000Retained earnings, 1/1(134,000)(170,000)Cash and receivables168,00052,000$52,000Inventory180,000158,000182,000Patented technology (net)238,000176,000208,000Land384,000214,000236,000Buildings and equipment (net)120,00090,00090,000Liabilities(508,000)(368,000)(348,000)Common stock(282,000)(72,000)Additional paid-in capital(9,400)(36,000)rev: 05_10_2017_QC_CS-88998, 05_18_2017_QC_CS-89463

On its acquisition-date consolidated balance sheet, what amount should TruData report as patented technology (net)?

Multiple Choice

• $208,000.
• $238,000.
• $422,000.
• $446,000.