Sheffield Corporation is interested in purchasing Lau Company Ltd. The total of Lau's net income amounts over the past five years is $747,000, During one of those years , Lau reported a gain on discontinued operations of $93400, the fair value of lau's net identifiable assets is $684,700 . A normal rate of return is 14%, and Sheffield wants to capitalize excess earnings at 20% Calculate the estimated value of Lau's goodwill