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New Harvest Bakery acquired all the outstanding common stock of Red Rock Bakery for $72.400 in cash. The book values and fair values of Red

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New Harvest Bakery acquired all the outstanding common stock of Red Rock Bakery for $72.400 in cash. The book values and fair values of Red Rock's assets and liabilities were as follows: Current assets Property, plant, and equipment Other assets Current liabilities Long-term liabilities s26,eee $28,700 50,000 5,600 14,5e0 27,10019,300 46,400 3,600 14,500 Calculate the amount paid for goodwill

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