Goodwill Millennium Corporation purchases Falcon Inc. for $3.5 M. Falcon has the following assets all recorded at cost: Accounts receivable $ 125,000 Inventory 350,000 Land 500,000 Building (net) 350,000 Equipment (net) 50,000 Total Assets $1,375,0000 The fair value of the assets is $2,350,000 and Millennium also assumes $600,000 of debt from Falcon. Requirements: Determine if there is any goodwill related to Millennium's purchase of Falcon and if so what is the value of the goodwill? Show your supporting calculations in the workspace below. $ Goodwill is captured on the