Juliana Corporation purchased all of the outstanding stock of Caldwell Inc., paying $4,600,000 cash. Juliana assumed all of the liabilities of Caldwell. Book values and fair values of acquired assets and liabilities were:

	Book Value				Fair Value
Current assets (net)	$	330,000			$	580,000
Property, plant, & equip. (net)		1,690,000				2,160,000
Liabilities		390,000				680,000

Juliana would record goodwill of:

		$2,540,000.
		$7,820,000.
		$290,000.
		$3,200,000.