Mainline Produce Corporation acquired all of the outstanding common stock of Iceberg Lettuce Corporation for $40,000,000 in cash. The book values and fair values of Iceberg's assets and liabilities were as follows:

	Value in books		fair value
Current assets	ps	10,800,000	ps	13,800,000
Property, plant and equipment		25,800,000		31,800,000
Other assets		2,400,000		3,400,000
current liabilities		6,800,000		6,800,000
Long term passives		11,200,000		10,200,000

Required:

Calculate the amount paid for goodwill.