On June 1, Cline Co paid $1,082,000 cash for all of the issued and outstanding common stock of Renn Corp. The carrying amounts for Renn's assets and liabilities on June 1 follow:

Cash $323,000 Accounts Receivables 226,000 Capitalized software costs 399,000 Goodwill 168,000 Liabilities (170,000) Net assets $855,000

On June 1, Renn's accounts receivable had a fair value of $160,000. Additionally, Renn's in-process research and development was estimated to have a fair value of $251,000. All other items were stated at their fair values. On Cline's June 1 consolidated balance sheet, how much is reported for goodwill?