On March 31, 2018, Wolfson Corporation acquired all of the outstanding common stock of Barney Corporation for $19,000,000 in cash. The book values and fair values of Barney's assets and liabilities were as follows: Book Value Fair Value 8,000,000 $9,500,000 Property, plant, and equipment 13,000,000 16,000,00e 1,700,00e 6,e00,000 6,000, e0e 8,e00,e00 7,50e,eee Current assets Other assets Current liabilities Long-term liabilities 1,200,000 Required: Calculate the amount paid for goodwill. Goodwill