Arizona Corp. acquired the business Data Systems for $320,000 cash and assumed all liabilities at the date of purchase. Data’s books showed Equipment of $260,000, Accounts Payable of $40,000, and Common Stock of $220,000. An appraiser assessed the fair market value of the equipment at $250,000 at the date of acquisition. Just prior to the acquisition, Arizona Corp. had $450,000 in Cash and Common Stock. At what value will Arizona required the equipment?