Baytex Ltd. acquired 80% of Badger Ltd. At the time of acquisition, Badger had assets with a tax value of $700,000, carrying value of $800,000, and fair value of $1,000,000. Both Baytex and Badger are subject to a tax rate of 30%. What is the amount of the deferred tax liability on Baytex's consolidated statement of financial position?

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