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Mainline Produce Corporation acquired all the outstanding common stock of Iceberg...

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Accounting

Mainline Produce Corporation acquired all the outstanding common stock of Iceberg Lettuce Corporation for $41,000,000 in cash. The book values and fair values of Icebergs assets and liabilities were as follows:
Book Value Fair Value
Current assets $ 15,000,000 $ 18,000,000
Property, plant, and equipment 29,000,00035,000,000
Other assets 5,000,0006,000,000
Current liabilities 9,400,0009,400,000
Long-term liabilities 15,600,00014,600,000
Required:
Calculate the amount paid for goodwill

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