Goodwill Great Corporation is interested in purchasing Big World Company Ltd. The total of Big World's net income amounts over the last 6 years is $750,000 During one of those years, Big World reported a gain on discontinued operations of $63,000 The fair value of Big World's net identifiable assets is $685,000 A normal rate of retum on net identifiable assets is 12% and Great Corporation wants to capitalize excess earnings at 20% Instructions Calculate the applicable amount of Goodwill