On January $1,2022,$ Pronto Company acquired $80$ percent of Speedy Inc.$$s voting stock for $$9,875,000.$ The fair value of the $20$ percent noncontrolling interest was $$2,125,000.$ Speedy$$s net assets were reported at amounts approximating book value, but Pronto determined that Speedy had the following previously unreported intangible assets:

$$ Developed technology, fair value $$1,000,000,5-$year life

$$ Favorable leases, fair value $$500,000,4-$year life

Speedy$$s shareholders$$ equity on January $1,2022,$ was $$5,000,000.$ It is now December $31,2023($two years later$).$ Speedy reported net income of $$400,000$ in $2022.$ There are no impairments of identifiable intangibles or goodwill in $2022$ or $2023.$ Pronto uses the complete equity method to report its investment in Speedy on its own books. Speedy$$s December $31,2023,$ trial balance appears below.

Dr $($Cr$)$

Current assets $$10,000,000$

Property and equipment, net $25,000,000$

Liabilities $(29,000,000)$

Capital stock $(1,000,000)$

Retained earnings, January $1(4,400,000)$

Sales revenue $(35,000,000)$

Cost of goods sold $30,000,000$

Operating expenses $4,400,000$

$$0$

What is the amount of goodwill reported on the consolidated balance sheet at the date of acquisition? and What percentage of the total goodwill is allocated to Pronto at the date of acquisition?