On March 31, 2021. Wolfson Corporation acquired all of the outstanding common stock of Barney Corporation for $17,200,000 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 Book Value $ 6,200,000 11,200,000 1,020,000 4,200,000 6,200,000 Fair Value $ 7,700,000 14,200,000 1,520,000 4,200,000 5,700,000 Required: Calculate the amount paid for goodwill. Obodwill