Western Eastern purchased the entire business of Western including all its assets and liabilities for $1.440,000 on December 31, 2021. Below is information related to the two companies at that date Eastern Fair value of $2,520,000 $1,920,000 assets Fair value of liabilities 1,260,000 720,000 Book value of 1,920,000 1,560,000 assets Book value of abilities 1,200,000 600,000 Net Income for the year 144,000 120,000 How much goodwill did Eastern pay for acquiring Western