Jordan, Inc., owns Fey Corporation. For the current year, Jordan reports net income (without consideration of its investment in Fey) of $272,000 and the subsidiary reports $101,000. The parent had a bond payable outstanding on January 1, with a book value of $244,000. The subsidiary acquired the bond on that date for $238,500. During the current year, Jordan reported interest expense of $21,760 while Fey reported interest income of $19,660. What is consolidated net income?