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On January 1, 2020, French Company acquired 60 percent of K-Tech Company for $315,000 when K-Techs book value was $415,000. The fair value of the newly comprised 40 percent noncontrolling interest was assessed at $210,000. At the acquisition date, K-Tech's trademark (10-year remaining life) was undervalued in its financial records by $80,000. Also, patented technology (5-year remaining life) was undervalued by $30,000.

In 2020, K-Tech reports $21,000 net income and declares no dividends. At the end of 2021, the two companies report the following figures (stockholders equity accounts have been omitted):

	French Company Carrying Amounts				K-Tech Company Carrying Amounts				K-Tech Company Fair Values
Current assets	$	628,000			$	308,000			$	328,000
Trademarks		268,000				208,000				288,000
Patented technology		418,000				158,000				188,000
Liabilities		(398,000	)			(128,000	)			(128,000	)
Revenues		(908,000	)			(408,000	)
Expenses		492,000				308,000
Investment income		Not given

Note: Parentheses indicate a credit balance.

What amount is reported for trademarks in the 2021 consolidated balance sheet?

Multiple Choice

A) $564,000.

B) $548,000.

C) $540,000.

D) $556,000.