Parent and Sub Inc. had the following balance sheets on December 31, 2021:

	Parent	Sub
Current Assets	$ 65,000	$12,000
Fixed Assets (net)	$100,000	$61,000
Total Assets	$165,000	$73,000
Current Liabilities	$ 42,000	$35,000
Bonds Payable	$ 25,000	$12,000
Common Shares	$ 90,000	$12,000
Retained Earnings	$ 8,000	$14,000
Total Liabilities and Equity	$165,000	$73,000

On January 1, 2022, Parent acquired Sub by issuing $43,000 in common shares. On that date, Sub's fair value of Current Assets and Fixed Assets were worth $7,000 and $50,000, respectively. Further, on January 1, 2021, the fair value of Parent's Current and Fixed assets were worth $64,000 and $103,000 respectively.

Calculate goodwill on the date of acquisition.