Westfield Bank and Trust acquired 100% of the outstanding voting shares of Cleveland United Bank on January 1, 2017, Before the acquisition, the balance sheets of the two companies are as follows: Westfield Bank & Trust Cleveland United Bank (in millions) Assets Liabilities Common stock ($1 par value) Additional paid-in capital Retained earnings Total liabilities and equities $3,540 $1,530 180 270 1.560 $3.540 $1.740 $990 120 150 $1,740 Westfield Bank and Trust issues 75,000 shares of its common stock with a market value of $1,062 million to the owners of Cleveland United Bank in return for all of their shares of Cleveland United common stock. The assets of Cleveland United have a fair value in excess of book value of $34.8 million. The consolidated balance sheet of Westfield Bank and Trust at January 1, 2017 would report goodwill of