On January 1, Tesco Company spent a total of $4, 525,000 to acquire control over Blondel Company. This price was based on paying $475,000 for 20 percent of Blondel's preferred stock and $4, 050,000 for 90 percent of its outstanding common stock. At the acquisition date, the fair value of the 10 percent noncontrolling interest in Blondel's common stock was $450,000. The fair value of the 80 percent of Blondel's preferred shares not owned by Tesco was $1, 900,000. Blondel's stockholders' equity accounts at January 1 were as follows: Tesco believes that all of Blondel's accounts approximate their fair values within the company's financial statements. What amount of consolidated goodwill should be recognized? $286, 500. $840,000. $475,000. $365,000