Forage Forest Inc acquired 80% of the equity share capital of Field Dream Co (FDC) on 1 September 20X6. On 1 September 20X9, FDC had 500,000 $1 equity shares in issue and retained earnings were $490,000. All assets and liabilities had a carrying amount equal to fair value, with the exception of plant and equipment with a carrying amount of $620,000 and fair value $800,000. FDC has disclosed a contingent liability with an estimated fair value of $40,000. What is the fair value of identifiable net assets to be included in the goodwill calculation? Do not include symbols, commas, or letters in your response