Calculate the amount paid for goodwill. Janzen Corporation acquired all of the outstanding common stock of Steinbeck Corporation for $11,260,000 in cash. The book values and fair values of Steinbeck's assets and liabilities were the following: Required: 1. Calculate the amount paid for goodwill. 2. Record the acquisition of Steinbeck Corporation. Journal entry worksheet To record the acquisition of Steinbeck Corporation. Note: Enter debits before credits