Hepner Corporation has the subsequent stockholders' equity accounts:
Preferred stock (7% cumulative dividend) $580,000
Common stock 830,000
Additional paid-in capital 380,000
Retained earnings 1,030,000
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The preferred stock is participating. Wasatch Corporation buys 70 percent of this common stock for $1,680,000 and 60 percent of the preferred stock for $660,000. The acquisition-date fair value of the no controlling interest in the common shares was $720,000 and was $440,000 for the preferred shares. All of the subsidiary's liabilities and assets are viewed as having fair values equal to their book values.
What amount is attributed to goodwill on the date of acquisition?