Bob's Burgers, acquired 100% of the outstanding shares of Sally's Shakes, Inc. for a total cost of $1,500,000. Immediately before the transaction, the two companies compiled the following information:

a) $50,000

b) $150,000

c) $100,000

Note: This is not a full financial statement, only some financial information was presented Bob's Burgers Book Value (Ooo's) Sally's Shakes Book Value (000's) Sally's Shakes Fair value (000's) Cash 250 100 100 Inventory 1,500 1,200 1,300 PPE 850 750 800 Current Payables 200 150 150 Long-term debt 1,000 600 700 Net Assets 1,400 1,300 1,350 *Sally has no identifiable intangible assets. What is the amount of goodwill recognized on Bob's Burger's Balance Sheet post- acquisition