Kenai Inc. purchased the entire business of Fjords Inc. including all its assets and liabilities for $$3,000,000$ on December $31,2024.$ Below is information related to the two companies at that date: KenaiFjordsFair value of assets$ $5,250,000$$ $4,000,000$Fair value of liabilities$2,625,0001,500,000$Reported assets$4,000,0003,250,000$Reported liabilities$2,500,0001,250,000$Net Income for the year$300,000250,000$How much goodwill did Kenai pay for acquiring Fjords?Group of answer choices$$500,000$$$1,000,000$$$750,000$