A partnership of attorneys in the St. Louis, Missouri, area has the following balance sheet accounts as of January 1, 2018:

Assets $ 482,000

Liabilities $ 144,000

Athos, capital 126,000

Porthos, capital 116,000

Aramis, capital 96,000

According to the articles of partnership, Athos is to receive an allocation of 50 percent of all partnership profits and losses while Porthos receives 30 percent and Aramis, 20 percent. The book value of each asset and liability should be considered an accurate representation of fair value.

D'Artagnan is allowed to become a partner with a 16 percent ownership interest by contributing $56,000 in cash directly to the business. The goodwill method is used to record this transaction.

Determine the amount of Goodwill.