Johnson Corporation acquired all of the outstanding common stock of Smith Corporation for $13,280,000 in cash. The book value of Smith's net assets (assets minus liabilities) was $9,700,000. The fair values of all of Smith's assets and liabilities were equal to their book values with the following exceptions: Receivables Property, plant, and equipment 43] Book Value $3,200,000 9,900,000 390,000 Fair Value $ 2,810,000 11,490,000 1,580,000 Intangible assets Required: Calculate the amount paid for goodwill. Goodwill