Anderson's Fish House purchases a tract of land and an existing building for $880,000. The company plans to remove the old building and construct a new restaurant on the site. In addition to the purchase price, Anderson pays closing costs, including title insurance of $1,800. The company also pays $11,600 in property taxes, which includes $7,800 of back taxes (unpaid taxes from previous years) paid by Anderson on behalf of the seller and $3,800 due for the current fiscal year after the purchase date. Shortly after closing, the company pays a contractor $44,000 to tear down the old building and remove it from the site. Anderson is able to sell salvaged materials from the old building for $6,800 and pays an additional $11,900 to level the land. Required: Determine the amount Anderson's Fish House should record as the cost of the land. (Amounts to be deducted should be indicated by a minus sign.) Total cost of the land Mainline Produce Corporation acquired all the outstanding common stock of Iceberg Lettuce Corporation for $28,000,000 in cash. The book values and fair values of Iceberg's assets and liabilities were as follows: Current assets Property, plant, and equipment Other assets Current liabilities Long-term liabilities Required: Book Value $ 11,200,000 27,000,000 2,800,000 7,200,000 18,800,000 Fair Value $ 14,200,000 33,000,000 3,800,000 7,200,000 17,800,000 Calculate the amount paid for goodwill. (Enter your answer in millions (i.e. 5,000,000 should be entered as 5).) Amount paid for goodwill million