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On January $1,$ Tesco Company spent a lotal of $$4,784,000$ to acquive control over Blondel Company. This price was based on paying $5424,000$ for $20$ pericent of Blondef's preferred stock and $$3,960,000$ for $90$ percent of is outstanding common slock. $N$ the acquisbinon date, the fatr value of the $10$ percent noncontoding stockholders' equity accounts at January $1$ weve as follows:

Preferred stock $-9\%,$$$100$ par value, cumblative and participating; $10,000$ sharas outstanding

Comon stock$-$ $$50$ par value; $40,000$ shares outstanding

Retained earnings

Total stockholders' equity

Tesco belleves that all of Blondel's accounts approximate their fair walues wathin the company's financial statements. What amourt of consoldated goodwal should be recognised?

Miliple Choice

$$ $$520,000$

$5356000$