On March 31, 2018, Wolfson Corporation acquired all of the outstanding common stock of Barney Corporation for $17,600,000 in cash. The book values and fair values of Barneys assets and liabilities were as follows: Book Value Fair Value Current assets $ 6,600,000 $ 8,100,000 Property, plant, and equipment 11,600,000 14,600,000 Other assets 1,060,000 1,560,000 Current liabilities 4,600,000 4,600,000 Long-term liabilities 6,600,000 6,100,000 Required: Calculate the amount paid for goodwill.