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

	Book Value			Fair Value
Current assets	$	6,000,000		$	7,500,000
Property, plant, and equipment		11,000,000			14,000,000
Other assets		1,000,000			1,500,000
Current liabilities		4,000,000			4,000,000
Long-term liabilities		6,000,000			5,500,000

Required: Calculate the amount paid for goodwill.