On July $1,2012,$ an acquiring company Corp. paid $$11,000,000$ for $100\%$ of the outstanding common stock of an investee company in a transaction that qualifies as a business combination. Immediately preceding the transaction, the investee company had the following condensed balance sheet:

Pre$-$acquisition amounts reported

on investee's balance sheet

Current assets $$1,500,000$

Property and equipment, net $14,000,000$

Liabilities $7,500,000$

Equity $8,000,000$

The acquisition$-$date fair value of the property and equipment was $$2,200,000$ more than its carrying amount. For all other assets and liabilities, the pre$-$acquisition amounts reported on investee's balance sheet were equal to their respective fair values.

Investment accounting by parent before consolidation

What amount of goodwill related to the acquisition of the investee must the acquiring company report in pre$-$consolidation parent$-$only balance sheet immediately following the acquisition of investee company common stock?

$$3,000,000$

$$2,200,000$

$$800,000$

$$0$