Cullumber Company purchases Ivanhoe Company for $$2290000$ cash on January $1,2026.$ The book value of Ivanhoe Company's net assets, as reflected on its December $31,2025$ balance sheet is $$1761000.$ An analysis by Cullumber on December $31,2025$ indicates that the fair value of Ivanhoe's tangible assets exceeded the book value by $$163500,$ and the fair value of identifiable intangible assets exceeded the book value by $$124000.$ How much goodwill should be recognized by Cullumber Company when recording the purchase of Ivanhoe Company?

$$529000$

$$241500$

$$0$

$$365500$