Doyle sold his business for $

$1$

$2$

$0$

$,$

$0$

$0$

$0$

$.$

$$ Transferred a building FMV $

$8$

$0$

$,$

$0$

$0$

$0$

; land FMV $

$1$

$0$

$,$

$0$

$0$

$0$

; furniture and fixtures, FMV $

$3$

$0$

$,$

$0$

$0$

$0$

$.$

$$ Adjusted basis on furniture and fixtures was $

$2$

$2$

$,$

$5$

$0$

$0$

$.$

$$ What is the goodwill?Doyle sold his business for $

$1$

$2$

$0$

$,$

$0$

$0$

$0$

$.$

$$ Transferred a building FMV $

$8$

$0$

$,$

$0$

$0$

$0$

; land FMV $

$1$

$0$

$,$

$0$

$0$

$0$

; furniture and fixtures, FMV $

$3$

$0$

$,$

$0$

$0$

$0$

$.$

$$ Adjusted basis on furniture and fixtures was $

$2$

$2$

$,$

$5$

$0$

$0$

$.$

$$ What is the goodwill?