On May $1,$ Delta Company reported the following account balances: Current assets $ $100,000$ Buildings & equipment $($net$)220,000$ Total assets $ $320,000$ Liabilities $ $54,000$ Common stock $160,000$ Retained earnings $106,000$ Total liabilities and equities $ $320,000$

On May $1,$ Beta paid $$450,000$ in stock $($fair value$)$ for all of the assets and liabilities of Delta, which will cease to exist as a separate entity. In connection with the merger, Beta incurred $$15,000$ in accounts payable for legal and accounting fees. Beta also agreed to pay $$80,000$ to the former owners of Delta contingent on meeting certain revenue goals during the following year. Beta estimated the present value of its probability adjusted expected payment for the contingency at $$24,000.$ In determining its offer, Beta noted the following: $$ Delta holds a building with a fair value $$36,000$ more than its book value. $$ Delta has a research and development activity in process with an appraised fair value of $$84,000.$ The project has not yet reached technological feasibility. $$ Book values for Delta's current assets and liabilities approximate fair values. How much should Beta include as part of total assets acquired from the Delta merger?