Titanite Bhd acquire nine million shares in Sapphire Bhd at RM3 per share on 1 January 2022. At that date the summary of the statement of financial position of Sapphire Bhd was as follows: RM Non-current assets Property, plant and equipment 29,000,000 Current assets Inventories 6,000,000 Receivables 4,000,000 Cash 2,000,000 41,000,000 Ordinary share capital at RM2 per share 24,000,000 Retained profit 12,000,000 Non-current liabilities 3,000,000 Current liabilities 2,000,000 41,000,000 The following information is relevant: The net replacement cost of property, plant and equipment was RM30,000,000. The inventory had a net selling price of RM7,500,000. Required: Calculate the goodwill/bargain purchase for Titanite Bhd