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Chapel Charter purchased Durham Co. for $2,160,000 cash. At the time of the purchase, the fair value of Durham Co.'s assets was $2,196,000 and the

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Chapel Charter purchased Durham Co. for $2,160,000 cash. At the time of the purchase, the fair value of Durham Co.'s assets was $2,196,000 and the fair value of its liabilities was $480,000. What is the amount of Goodwill that Chapel Charter will record with respect to this acquisition? Enter your answer as a number with no additional symbols or punctuation e.g. 5000

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