Sheridan Company purchases Miles Company for $4650000 cash on January 1, 2018. The book value of Miles Company's net assets reported on its December 31, 2017 financial statement was $3250000. An analysis indicated that the fair value of Miles's tangible assets exceeded the book value by $530000, and the fair value of identifiable intangible assets exceeded book value by $285000. Determine the fair value of identifiable net assets used to record goodwill.

A. $4065000

B. $3250000

C. $3780000

D. $245000