Angela Corporation $($a private company$)$ acquired all of the outstanding voting stock of Eddy Tech, Incorporated, on January $1,2024,$ in exchange for $$9,820,000$ in cash. At the acquisition date, Eddy Tech's stockholders' equity was $$7,970,000$ including retained earnings of $$3,470,000.$

At the acquisition date, Angela prepared the following fair value allocation schedule for its newly acquired subsidiary:

$\backslash$table$[[$Consideration transferred,$$9,820,000,],[$Eddy$\text{'}$s stockholder's equity,$7,970,000,],[$Excess fair over book value,$$1,850,000,],[$to patented technology $(5-$year remaining life$),181,500,],[$to trade names $($indefinite remaining life$),522,500,804,000],[$to equipment $(8-$year remaining life$),100,000,$$$1,046,000$