Lake Incorporated purchased all of the outstanding stock of Huron Company, paying $1.045,000 cash. Lake assumed all of the liabilities. Book values and fair values of acquired assets and liabilities were: Current assets (net) Property, plant, equip. (net) Liabilities Book Value Fair Value $115,000 $170,000 650,000 840,000 220,000 220,000 Lake would record goodwill of: Multiple Choice $ $0. O $500,000