Monroe Company owns 40% of the voting stock of Nartal Industries, acquired at book value. Nartal reports income of $600,000 for 2010. Nartal regularly sells merchandise to Monroe at a markup of 30% on cost. Monroe's 2010 beginning inventory includes $156,000 purchased from Nartal. Its 2010 ending inventory includes $260,000 purchased from Nartal. Monroe uses the equity method to report its investment in Nartal. Equity in net income of Nartal for 2010 is ??