Payne Company owns all the outstanding common stock of Sierra Company and 80% of the outstanding common stock of Santa Fe Company. The amount of intercompany profit included in the inventories of Payne Company on December 31, 2014, and December 31, 2015, is indicated here:

		Intercompany Profit on Goods Purchased From
		Sierra Company		Santa Fe Company		Total
Inventory, 12/31/14		$3,450		$4,780		$8,230
Inventory, 12/31/15		5,210		2,220		7,430

The three companies reported net income from their independent operations (including sales to affiliates) for the year ended December 31, 2015, as follows:

Payne Company		$253,490
Sierra Company		158,740
Santa Fe Company		117,160

Calculate the controlling interest in consolidated net income for the year ended December 31, 2015. Assume that the sales were upstream instead of downstream.