Ace Co. acquired 100% of Becker, Inc. on January 1, year 1. On that date, Becker had inventory with a book value of $42,000 and a fair value of $52,000. This inventory had not yet been sold at December 31, year 1. Also, on the date of acquisition, Becker had a building with a book value of $200,000 and a fair value of $390,000. Becker had equipment with a book value of $350,000 and a fair value of $280,000. The building had a 10-year remaining useful life and the equipment had a 5-year remaining useful life. How much total expense will be in the consolidated financial statements for the year ended December 31, year 1 related to the acquisition allocations of Becker?