On December $31,2021,$ Palani Palates Ltd$.($PPL$)$ issued $125,000$ common shares to acquire $100\%$ of the common shares of Soomin Sun Jung $($SSL$).$ On that date, PPL$\text{'}$s shares were trading for $$13\mathrm{.}25$ per share. On that date, the SSL assets and liabilities had the following carrying and fair values: Carrying valueFair valueCash $ $65,000$ $ $65,000$Accounts receivable $105,00090,000$Inventory $295,000395,000$Equipment, net $1,300,0001,250,000$Land $275,000450,000$Total assets $2,040,000$ Accounts payable $ $220,000$ $ $220,000$Bond payable $470,000500,000$Common shares $400,000$ Retained earnings $950,000$ Total liabilities and shareholders' equity $ $2,040,000$ On the date of acquisition: The equipment had a remaining useful life of $8$ years. Inventory on hand was sold by December $31,2022.$ SSL$\text{'}$s accounts receivable turns over every $42$ days. The bond payable matures in $5$ years. Bond premiums and discounts are amortized using the straight$-$line method. Goodwill is tested for impairment each reporting period. In $2022,$ it was determined that goodwill was impaired by $$9,000.$ In $2025,$ the goodwill was determined to be further impaired by $$3,000.$ PPL uses the cost method to account for its investment in SSL$.$ Below are excerpts from the December $31,2025,$ separate$-$entity financial statements of PPL and SSL: PPLSSLNet income $ $522,900$ $ $175,000$Dividends declared and paid on Nov $15,202575,00025,000$Opening retained earningsJanuary $1,20251,965,0001,038,000$Required: Determine the goodwill amount as at the date of acquisition.Question $8$ options:$$66,250$$$306,250$$$486,250$$$126,250$