00 8 Northern purchased the entire business of Southern including all its assets and liabilities for $1,800,000 on December 31, 2021. Below is information related to the two companies at that date: Northern Southern $3,150,000 $2,400,000 2.34 points 1,575,000 900,000 8 01:55:49 Fair value of assets Fair value of liabilities Reported assets Reported liabilities Net Income for the year 2,400,000 1,500,000 1,950,000 750,000 180,000 150,000 eBook Print How much goodwill did Northern pay for acquiring Southern? Multiple Choice $300,000 O O $900,000