Short Corporation acquired Hathaway, Inc., for $52,900,000. The fair value of all Hathaway's identifiable tangible and intangible assets was $50,000,000. Short will amortize any goodwill over the maximum number of years allowed. What is the annual amortization of goodwill for this acquisition?

$1,450,000.

$2,900,000.

$725,000.

$0.