On January 1, 2021, Gooch Company acquires Bow of the outstanding common stock of House Inc., for a purchase price of $12,400,000. It was determined that the fair value of the noncontrolling interest in the subsidiary is $3,100,000. The book value of the House's stockholders equity on the date of acquisition is $10,000,000 and its fair valiot of identifiable net assets is $10,850,000. The acquisition date acquisition accounting premium (AAP) is allocated $600,000 to equipment with a remaining useful Ife of 10 years, and $250,000 to a patent with a remaining useful life of years Determine the total goodwill to be recognized at acquisition date Select one ASO 8.54650.000 C54400,000 0 523 400,000