The financial statements for Jode Inc. and Lakely Corp., just prior to their combination, for the year ending December 31, 2020, follow. Lakely's buildings were undervalued on its financial records by $60,000.

	Jode Inc.				Lakely Corp.
Revenues	$	1,300,000			$	500,000
Expenses		(1,180,000	)			(290,000	)
Net income	$	120,000			$	210,000
Retained earnings, January 1, 2020	$	700,000			$	500,000
Net income (from above)		120,000				210,000
Dividends declared		(110,000	)			(110,000	)
Retained earnings, December 31, 2020	$	710,000			$	600,000
Cash	$	160,000			$	120,000
Receivables and inventory		240,000				240,000
Buildings (net)		700,000				350,000
Equipment (net)		700,000				600,000
Total assets	$	1,800,000			$	1,310,000
Liabilities	$	250,000			$	195,000
Common stock		750,000				430,000
Additional paid-in capital		90,000				85,000
Retained earnings, 12/31/20		710,000				600,000
Total liabilities and stockholders equity	$	1,800,000			$	1,310,000

On December 31, 2020, Jode issued 54,000 new shares of its $10 par value stock in exchange for all the outstanding shares of Lakely. Jode's shares had a fair value on that date of $35 per share. Jode paid $34,000 to an investment bank for assisting in the arrangements. Jode also paid $24,000 in stock issuance costs to effect the acquisition of Lakely. Lakely will retain its incorporation. Determine consolidated Additional Paid-In Capital at December 31, 2020.