On September 1, 2018, Vermont Corporation acquired Marlow Enterprises for a cash payment of $820,000. At the time of purchases, Marlow's balance sheet showed assets of $610,000, liabilities of $200,000, and owner's equity of $400,000. The fair value of Marlow's assets and liabilities are estimated to be $970,000 and $245,000 respectively. Compute the amount of goodwill acquired by Vermont. Show your calculation.