PLTO Ltd. is considering purchasing the net assets of Shamrock Corporation. Following is the statement of financial position of Shamrock as at December 31, 2020:

Shamrock Corporation

Statement of Financial Position

As at December 31, 2020

Current assets$229,400

Buildings and equipment758,000

Accumulated depreciation(114,000)

Land 179,000

Total assets $1,052,400

Current liabilities$ 190,000

Common shares576,000

Retained earnings286,400

Total equities $1,052,400

Following are the fair values for Shamrock's net assets, as at December 31, 2020:

Current assets$223,500

Building and equipment486,000

Land319,500

Current liabilities(169,000)

$860,000

Calculate the value of goodwill that would be acquired by PLTO if it offered $1,905,000 for the net assets of Shamrock.

Value of goodwill.$ ____________________