Hepner Corporation has the following stockholders’ equity accounts: Preferred stock (6% cumulative dividend) . . . . . . . . . $500,000 Common stock . . . . . . . . . . 750,000 Additional paid-in...

Hepner Corporation has the following stockholders’ equity accounts:

Preferred stock (6% cumulative dividend) . . . . . . . . . $500,000
Common stock . . . . . . . . .  . 750,000
Additional paid-in capital . . . . .300,000 Retained earnings . . . . .. 950,000

The preferred stock is participating. Wasatch Corporation buys 80 percent of this common stock for $1,600,000 and 70 percent of the preferred stock for $630,000. The acquisition-date fair value of the noncontrolling interest in the common shares was $400,000 and was $270,000 for the preferred

shares. All of the subsidiary’s assets and liabilities are viewed as having fair values equal to their book values. What amount is attributed to goodwill on the date of acquisition?