https/fedugen nment Problem 157 on May 3, 2018, Armstrong Company paid $3,500,000 to acq?re all of balance sheet Current assets 900,000 Current liablities 600,000 Noncurrent assets 2,700,000 Long-term Eabilities 500,000 at the tine of the acquisition common stock has corporation,hich tecane , dviion of Ama-Ha r-d te Stockholder's equity2,500,000 Total assets 600033,000.0 It was determined at the date of the parchase that the fair value of the identifiable net assets of htall was $3,100,000. At December 31, 2018, Hal reports $3,600,000 Total iabilties and 3 the fullowing balance information 800,000 Current assets Noncurrent assets (incuding goodwill recognized in purchase) 2.400,000 Current Nabilities Long-term iabilities (700,000) (500,000) $2,000,000 Net assets It is determined that the fair value of the Hall division is$2,200,000. The recorded amount tor Hall's net assets (erd drg ? od Misthe same as fair value except for proper Compute the amount of goodwill recognized, if any, on May 31, 2018. Amount of goodwill DOLL