Zeta Inc. acquires Eta Ltd. for $200,000,000 in cash and accounts for its investment as a merger. Eta’s balance sheet at the date of acquisition is as follows:

Assets	Amount	Liabilities and Equity	Amount
Current assets	$18,000,000	Liabilities	$95,000,000
Property, net	$110,000,000	Equity	$33,000,000
Total assets	$128,000,000	Total liabilities and equity	$128,000,000

The fair value of Eta’s current assets is $1,800,000 less than book value. The fair value of its property is $34,000,000 less than book value. The book value of its liabilities approximates fair value. There are no unreported assets or liabilities.

Requirement: How much goodwill does Zeta report for this acquisition?