Crane Corporation acquired all outstanding shares of Blossom Ltd. for $2.34 million. Selected information relating to Blossom was as follows: Fair value of identifiable net assets: $2.24 million Book value of identifiable net assets: $1.74 million Cash balance: $0.38 million Crane will recognize goodwill of O $1.36 million. O $2.34 million. O $1.22 million. O $0.10 million.