Arcadia, Incorporated, acquired 100 percent of the voting shares of Bruno Company on January 1, 2023. In exchange, Arca $461,000 in cash and issued 100,000 shares of its own $1 par value common stock. On this date, Arcadia's stock had a fair per share. The combination is a statutory merger with Bruno subsequently dissolved as a legal corporation. Bruno's assets liabilities are assigned to a new reporting unit. The following shows fair values for the Bruno reporting unit for January 1, 2023, along with respective carrying amounts or 31, 2024. Bruno Reporting Unit Cash Receivables Inventory Patents Royalty agreements Equipment (net) Goodwill Accounts payable Long-term liabilities Note: Parentheses indicate a credit balance. Required: Fair Values 1/1/23 $ 89,000 Carrying Amounts 12/31/24 $ 48,000 189,750 243,000 218,750 258,000 776,500 860,000 586,000 546,000 355,000 269,000 ? 452,000 (114,500) (184,000) (591,500) (518,000) a. Calculate the goodwill recognized in the combination.