On July 1, 2014, when South Company's total stockholders' equity was $360,000, North Corporation purchased 14,000 shares of South's common stock at $30 per share. South had 20,000 shares of common stock outstanding both before and after the purchase by North, and the book value of South's net assets on July 1, 2014 was equal to the fair value. On a consolidated balance sheet prepared at July :1, 2014, goodwill would be