New Harvest Bakery acquired all the outstanding common stock of Red Rock Bakery for $70,200 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 Book Value Fair Value $27,800 $26,400 46,300 49,000 3,100 5,600 16,600 14,900 24,900 20,000 Calculate the amount paid for goodwill. Goodwill