Parent Inc. and Sub Inc. had the following balance sheets on July 31, 2019:

	Parent Inc	Sub Inc	Sub Inc
	(carrying value)	(carrying value)	(fair value)
Cash	$180,000	$36,000	$36,000
Accounts Receivable	$100,000	$40,000	$40,000
Inventory	$ 60,000	$24,000	$27,000
Plant and Equipment (net)	$200,000	$80,000	$93,000
Goodwill	$ -	$ 8,000
Trademark	$ -	$12,000	$15,000
Total Assets	$540,000	$200,000
Current Liabilities	$ 80,000	$50,000	$50,000
Bonds Payable	$320,000	$20,000	$24,000
Common Shares	$ 90,000	$80,000
Retained Earnings	$ 50,000	$50,000
Total Liabilities and Equity	$540,000	$200,000

Assuming that Parent Inc acquires 80% of Sub Inc on August 1, 2019 for cash of $180,000, what would be the amount of goodwill appearing on the Consolidated Balance Sheet on the date of acquisition if the proportionate consolidation method were used?

Parent Inc. and Sub Inc. had the following balance sheets on July 31, 2019:

	Parent Inc	Sub Inc	Sub Inc
	(carrying value)	(carrying value)	(fair value)
Cash	$180,000	$36,000	$36,000
Accounts Receivable	$100,000	$40,000	$40,000
Inventory	$ 60,000	$24,000	$27,000
Plant and Equipment (net)	$200,000	$80,000	$93,000
Goodwill	$ -	$ 8,000
Trademark	$ -	$12,000	$15,000
Total Assets	$540,000	$200,000
Current Liabilities	$ 80,000	$50,000	$50,000
Bonds Payable	$320,000	$20,000	$24,000
Common Shares	$ 90,000	$80,000
Retained Earnings	$ 50,000	$50,000
Total Liabilities and Equity	$540,000	$200,000

Assuming that Parent Inc acquires 80% of Sub Inc on August 1, 2019 for cash of $180,000, the assets section of Parent's consolidated balance sheet on the date of acquisition would total what amount if the proportionate consolidation method were used?