Sheridan Company purchases Sunland Company for $2330000 cash on January 1, 2021. The book value of Sunland Company's net assets, as reflected on its December 31, 2020 balance sheet is $1797000. An analysis by Sheridan on December 31,2020 indicates that the fair value of Sunland's tangible assets exceeded the book value by $169500, and the fair value of identifiable intangible assets exceeded book value by $128000. How much goodwill should be recognized by Sheridan Company when recording the purchase of Sunland Company? $235500$0$533000$363500