Northern purchased the entire business of Southern including all its assets and liabilities for $663,250. Below is information related to the two companies: Northern Southern $1,049,000 $785,000 Falr value of assets Fair value of liabilities 569,000 307,000 Reported assets 814,000 637,000 480,000 258,000 Reported llabilitles Net Income for the year 40,000 56,000 How much goodwill did Northern pay for acquiring Southern? O $284,250 O $198,150 O $379,000 O $185,250