2. On January 2, 2013, Potomac Corporation bought 90% of Seine Company for $1,789,000. At the time of the acquisition, the balance in Seine's common stock account was $1,000,000, and the balance in retained earnings was $900,000. The only differences between the fair value and book value of S's assets were as follows: Book Value Fair Value Inventory $ 750,000 $765,000 Equipment (net) 1,200,000 1,230,000 Seine's assets had an estimated useful life of 6 more years. A. Calculate the difference between implied and book value