Cathy Company purchased Jordan Company for $50,000 in cash on December 31, 2021. Cathy assumed all the liabilities of Jordan. The book values and fair market values of Jordan's assets and liabilities on the date of purchase were as follows: Book Value Fair Value Current assets $12,000 $15,000 Property, plant, & equipment (net) 22,000 28,000 Other assets 2,000 3,000 Current liabilities 8,000 8,000 Long-term liabilities 12,000 11,000 Cathy would record goodwill of