Pro-tech Software acquired all of the outstanding stock of Reliable Software for $16 million. The book value of Reliable's net assets (assets minus liabilities) was $9.3 million. The fair values of Reliable's assets and liabilities equaled their book values with the exception of certain intangible assets whose fair values exceeded book values by $4.0 million. Calculate the amount paid for goodwill. Note: Enter your answers in dollars not in millions of dollars. Goodwill Diamond Corporation acquired a patent in exchange for 55,000 shares of the company's no-par common stock. On the date of the exchange, the common stock had a fair value of $24 per share. Determine the cost of the patent. Cost of the patent