Jasmine Ltd acquired the net assets and contingent liabilities of Jade Ltd for a purchase consideration of $1,800,000. Jade Ltd had total assets of $2,520,000 and total liabilities of $900,000, it also faced a lawsuit in which the plaintiffs demanded compensation of $1,200,000. It was estimated that Jade Ltd had a 50% chance of winning the lawsuit (in which case it would not have to pay the compensation). Calculate the amount of goodwill to be recognised by Jasmine Ltd. Instructions: Provide your answer in the answer box below. The number must be rounded to the nearest whole dollar.