On March 31, 2013, Wolfson Corporation acquired all of the outstanding common stock of Barney Corporation for $17200000 in cash. The book values and fair values of Barney's assets and liabilities were as follows:

	Book value	Fair value
Current assets	5390000	7970000
Property, plant & equipment	11700000	14900000
Other assets	1050000	1520000
Current liabilities	4060000	3920000
Long-term liabilities	5770000	5770000

Required: Calculate the amount paid for goodwill.

Goodwill included in purchased