Janzen Corporation acquired all of the outstanding common stock of Steinbeck Corporation for $$11,180,000$ in cash. The book values and fair values of Steinbeck's assets and liabilities were the following:

$\backslash$table$[[$Accounts receivable,Book Value,Fair Value$],[$Land$,$$$1,345,000,$$$1,145,000$

please answer required #$1$ and #$2.$