On March 31, 2021, Wolfson Corporation acquired all of the outstanding common stock of Barney Corporation for $18,200,000 in cash. The book values and fair values of Barneys assets and liabilities were as follows:

	Book Value			Fair Value
Current assets	$	7,200,000		$	8,700,000
Property, plant, and equipment		12,200,000			15,200,000
Other assets		1,120,000			1,620,000
Current liabilities		5,200,000			5,200,000
Long-term liabilities		7,200,000			6,700,000

Required: Calculate the amount paid for goodwill.

Delaware Company incurred the following research and development costs during 2021:

Salaries and wages for lab research	$	490,000
Materials used in R&D projects		290,000
Purchase of equipment		990,000
Fees paid to third parties for R&D projects		410,000
Patent filing and legal costs for a developed product		74,000
Salaries, wages, and supplies for R&D work performed for another company under a contract		440,000
Total	$	2,694,000

The equipment has a six-year life and will be used for a number of research projects. Depreciation for 2021 is $210,000. Required: Calculate the amount of research and development expense that Delaware should report in its 2021 income statement.