On September 1, 2020. Pina Corporation acquired Kingbird Enterprises for a cash payment of $690.000. At the time of purchase, Kingbird's balance sheet showed assets of $570,000, liabilities of $230,000, and owners' equity of $340,000. The fair value of Kingbird's assets is estimated to be $880,000. Compute the amount of goodwill acquired by Pina. Value assigned to goodwill 5