Fava SA acquires 100% of Loup SA for 7,800,000. The allocation team measures identifiable net assets at 9,100,000, an excess of 1,300,000 over the price. Management wants to recognise a gain of 1,300,000 immediately “since the price obtained is advantageous”. Write a short note concluding on this request, distinguishing facts of the case, rule and professional judgement.