Annapolis Company was recently sold for $480,000. Annapolis had assets & liabilities appraised at the time of the sale in the amounts of: Item Amount Accounts Receivable assumed by buyer $135,000 Inventory $260,000 Property, Plant & Equipment (net) $545,000 Notes Payable assumed by buyer $665,000 Using this information, how much should be recorded as Goodwill for this transaction?