On July 1, TruData Company issues 9,800 shares of its common stock with a $5 par value and a $50 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.

Revenues (1/1 to 7/1) $ (331,800 ) $ (150,000 )

Expenses (1/1 to 7/1) 170,000 100,000

Retained earnings, 1/1 (134,000 ) (148,000 )

Cash and receivables 176,000 72,000 $ 72,000

Inventory 170,000 152,000 180,000

Patented technology (net) 258,000 186,000 214,000

Land 410,000 200,000 260,000

Buildings and equipment (net) 100,000 74,000 74,000

Liabilities (504,000 ) (380,000 ) (356,000 )

Common stock (304,000 ) (68,000 )

Additional paid-in capital (10,200 ) (38,000 )

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

Multiple Choice

• $0.
• $46,000.
• $353,000.
• $186,000.