Postage Corporation acquired 75 percent of Stamp Corporation's common stock on December 31, 20X8, for $300,000. The fair value of the noncontrolling interest at that date was determined to be $100,000. Stamp's balance sheet immediately before the combination reflected the following balances:

Cash and Receivables $40,000
Inventory $70,000
Land $90,000
Buildings and Equipment (net) $250,000
Total Assets $450,000
Accounts Payable $30,000
Income Taxes Payable $40,000
Bonds Payable $100,000
Common Stock $100,000
Retained Earnings $180,000
Total Liabilities and Stockholders' Equity $450,000

A careful review of the fair value of Silver's assets and liabilities indicated that inventory, land, and buildings and equipment (net) had fair values of $65,000, $100,000, and, $300,000 respectively. Goodwill is assigned proportionately to Bristle and the non-controlling shareholders.

Based on the preceding information, what amount will be reported as noncontrolling interest in the consolidated balance sheet immediately following the acquisition?

a. $0
b. $70,000
c. $83,750
d. $100,000