On May 1, Soccii Inc., a calendar year corporation, purchased a business for a $2 million lump-sum price. The business' balance sheet assets had the following appraised FMV. Accounts receivable $ 38,900 Inventory 450,000 Tangible personality 225,000 Realty: Building 500,000 Land 50,000 $ 1,263,900 Compute the cost basis of the goodwill acquired by Soccii Inc. on the purchase of this business. Compute Succi's goodwill amortization deduction for the year of purchase. Use a 21 percent tax rate to compute Sessi's deferred tax liability resulting from the amortization deduction.