18. (8 Points) On March 31, 2018, Elf Hotels purchased Reindeers and Riders Company for $6,000,000. Reindeers reported the following balance sheet on the date of the acquisition: It was determined at the date of acquisition that the fair value of the identifiable net assets was $4,500,000 and included internally developed intangibles not included in the book values above of $100,000. How much goodwill will Elf Hotels record on the acquisition