Acquirer Company buys Target Company. Targets pre-acquisition balance sheet at historical cost showed Total Assets at $900,000 and Total Liabilities at $300,000. Upon acquisition, Acquirer revalued Targets identifiable assets at $1,600,000 and liabilities at $360,000. Acquirer paid $2,000,000 in cash for Target. Determine the amount of Goodwill Acquirer must recognize in the purchase of Target. a. $1,460,000 b. $1,400,000 c. $ 760,000 d. $ 780,000 e. $ 820,000