Grand Champion Inc. purchased Americas Sweethearts Corporation on January 1, 2019. At the time, Americas Sweethearts had the following assets and liabilities (stated at fair value): Cash $63,000 Accounts receivable 142,000 Inventory 190,000 Property, plant, and equipment 300,000 Patent 65,000 Accounts payable 220,000 Notes payable 325,000 Grand Champion paid $900,000 for Americas Sweethearts. Assume that Americas Sweethearts is a reporting unit of Grand Champion. At the end of 2020, Americas Sweetheart