Grande Company purchases Enfant Company for 14,485,000 cash on January 1, 2016. The book value of Enfant Companys net assets reported on its December 31, 2015 statement of financial position was 12,620,000. Grande's December 31, 2015 analysis indicated that the fair value of Enfant's tangible assets exceeded the book value by 860,000, and the fair value of identifiable intangible assets exceeded book value by 145,000. How much goodwill should be recognized by Grande Company when recording the purchase of Enfant?

		A. 860,000
		B. $ 0
		C. 1,865,000
		D. 2,870,000