Wilson Corporation acquired Great plains Company on January 1, 2019 for $2,000,000 in cash. On Great plain's balance sheet, it has total assets of $1 million and total liabilities of $0.7 million. Based on fair value assessment made by a thrid party consultant, Great plains' total assets have a fair value of 1.5 million and its liabilities have a fair value of $1 million. How much goodwill should Wilson corporation record becasue of this aquisition?