Pam Company acquires the net assets of Jam Company for an agreed$-$upon price of $$900,000$ on July $1,2015.$ The value is tentatively assigned as follows:

$\backslash$table$[[$Current assets,$ $100,000],[$Land$.,50,000],[$Equipment$,200,000(5-$year life$)],[$Building $........,500,000(20-$year life$)],[$Goodwill$,(150,000)$