On March 31, 2021, Wolfson Corporation acquired all of the outstanding shares of Barney Corporation common stock for $17,800,000 in cash. The book values and fair values of Barney's assets and liabilities were as follows:

	Value in books			fair value
Current assets	ps	6,800,000		ps	8,300,000
Property, plant and equipment		11,800,000			14,800,000
Other assets		1,080,000			1,580,000
current liabilities		4,800,000			4,800,000
Long term passives		6,800,000			6,300,000

Required:
Calculate the amount paid for goodwill.