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 Barney's assets and liabilities were as follows: Current assets Property, plant, and equipment Other assets Current liabilities Long-term liabilities Required: Calculate the amount paid for goodwill. Book Value $ 7,600,000 12,600,000 1,160,000 5,600,000 Fair Value $ 9,100,000 15,600,000 1,660,000 5,600,000 7,600,000 7,100,000 Goodwill