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Using the following information, what is your best estimate of the tax basis of Endgame Companys net assets as of 12/31/2023 (net assets equals tax

Using the following information, what is your best estimate of the tax basis of Endgame Companys net assets as of 12/31/2023 (net assets equals tax basis of assets less tax basis of liabilities)?

From the Endgame Companys 12/31/2023 Balance sheet:

Total assets $350,000

Non-deductible goodwill $25,000

Total liabilities $100,000

Deferred tax liabilities $5,000

(Note: Deferred tax assets and liabilities are netted and a single Deferred tax asset or liability is reported on the balance sheet.)

From the Endgame Companys tax footnote in 12/31/2022 annual report:

Provision for tax $1,300

DTAs, attributable to NOLs $20,000

DTLs, attributable to depreciable assets $25,000

Additional information:

The Endgame Company uses an average tax rate of 25% to calculate deferred tax assets and liabilities

What is the Endgames Tax basis net assets?

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