Sandhill Corp. acquires a patent from Maxi Co. in exchange for 3100 shares of Sandhill Corp.s $5 par value common stock and $98000 cash. When the patent was initially issued to Maxi Co., Sandhill Corp.s stock was selling at $8.30 per share. When Sandhill Corp. acquired the patent, its stock was selling for $9.80 a share. Sandhill Corp. should record the patent at what amount?

$123730

$98000

$128380

$113500