On March 31, 2018, Wolfson Corporation acquired all of the outstanding common stock of Barney Corporation for $18,900,000 in cash. The book values and fair values of Barneys assets and liabilities were as follows:

	Book Value			Fair Value
Current assets	$	7,900,000		$	9,400,000
Property, plant, and equipment		12,900,000			15,900,000
Other assets		1,190,000			1,690,000
Current liabilities		5,900,000			5,900,000
Long-term liabilities		7,900,000			7,400,000

Required: Calculate the amount paid for goodwill.