West Company acquired 60 percent of Solar Company for $328,500 when Solar’s book value was $428,500. The newly comprised 40 percent noncontrolling interest had an assessed fair value of $219,000. Also at the acquisition date, Solar had a trademark (with a 10-year life) that was undervalued in the financial records by $74,000. Also, patented technology (with a 5-year life) was undervalued by $54,000. Two years later, the following figures are reported by these two companies (stockholders’ equity accounts have been omitted): West Company Book Value Solar Company Book Value Solar Company Fair Value Current assets $ 634,000 $ 314,000 $ 334,000 Trademarks 274,000 214,000 294,000 Patented technology 424,000 164,000 164,000 Liabilities (404,000 ) (134,000 ) (134,000 ) Revenues (914,000 ) (414,000 ) Expenses 486,000 314,000 Investment income Not given Problem 4-16 (LO 4-2) What is the consolidated trademarks balance?