Big Company is going to purchase the Little Company. Through negotiations, Big Company agrees to a purchase price of $1,400,000 for Little Company. Big Company will purchase the following assets and assume the following liabilities of Little Company (amounts given are book values): Assets Liabilities Cash $150,000 Accounts Payable $70,000 Accounts Receivable 100,000 Notes Payable 85,000 Inventory 55,000 Property and Equipment 400,000 Accumulated Depreciation (130,000) All of Little Company's book values are equal to Fair Value except for Inventory and Property and Equipment. The Fair Value of Little Company's Inventory is $50,000 and Property and Equipment is $550.000, Accounts Receivable 100,000 Notes Payable 85,000 Inventory 55,000 Property and Equipment 400,000 Accumulated Depreciation (130,000) All of Little Company's book values are equal to Fair Value except for Inventory and Property and Equipment. The Fair Value of Little Company's Inventory is $50,000 and Property and Equipment is $550.000 What is the amount Big Company will debit to the Goodwill account when Big Company records the purchase of Little Company? $835,000 $705,000 $980,000 $830,000 O None of the answers are correct