On March 31, 2021, Wolfson Corporation acquired all of the outstanding common stock of Barney Corporation for $18,600,000 in cash. The book values and fair values of Barneys assets and liabilities were as follows:

	Book Value			Fair Value
Current assets	$	7,600,000		$	9,100,000
Property, plant, and equipment		12,600,000			15,600,000
Other assets		1,160,000			1,660,000
Current liabilities		5,600,000			5,600,000
Long-term liabilities		7,600,000			7,100,000

Required: Calculate the amount paid for goodwill.