On March $31,2025,$ Ivanhoe Company paid $$5,900,000$ to acquire all of the common stock of Drive Incorporated, which became a

division of Ivanhoe. Drive reported the following balance sheet at the time of the acquisition:

It was determined at the date of the purchase that the fair value of the identifiable net assets of Drive was $$4,474,000.$ Over the next

$9$ months of operations, the newly purchased division experienced operating losses. In addition, it now appears that it will generate

substantial losses for the foreseeable future. At December $31,2025,$ Drive reports the following balance sheet information:

Current assets

$$1,607,000$

Noncurrent assets $($including goodwill recognized in purchase$)$

$3,863,000$

Current liabilities

$(594,000)$

Long$-$term liabilities

$(401,000)$

Net assets

$$4,475,000$

Finally, it is determined that the fair value of the Drive Division is $$4,495,000$ on December $31,2025.$

$($a$)$

Compute the amount of goodwill recognized, if any, on March $31,2025.($If answer is zero, do not leave answer field blank. Enter $0$ for

the amount.$)$

The amount of goodwill

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