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Oriole Corp. acquires a patent from Pharoah Co. in exchange for 1400 shares of Oriole...

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Accounting

Oriole Corp. acquires a patent from Pharoah Co. in exchange for 1400 shares of Oriole Corp.'s $5 par value common stock and $81000
cash. When the patent was initially issued to Pharoah Co., Oriole Corp.'s stock was selling at $6.60 per share. When Oriole Corp.
acquired the patent, its stock was selling for $8.10 a share. Oriole Corp. should record the patent at what amount?
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