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Mainline Produce Corporation acquired all the outstanding common stock of Iceberg Lettuce Corporation for $33,000,000 in cash. The book values and fair values of Icebergs

Mainline Produce Corporation acquired all the outstanding common stock of Iceberg Lettuce Corporation for $33,000,000 in cash. The book values and fair values of Icebergs assets and liabilities were as follows: Book Value Fair Value Current assets $ 12,200,000 $ 15,200,000 Property, plant, and equipment 22,000,000 28,000,000 Other assets 3,800,000 4,800,000 Current liabilities 8,200,000 8,200,000 Long-term liabilities 14,800,000 13,800,000 Required: Calculate the amount paid for goodwill. (Enter y

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