On march 31, 2018, wolfson corporation acquired all of the outstanding common stock of barney corporation for $17,000,000 in cash. the book values and fair values of barney’s assets and liabilities were as follows: book value fair value current assets $ 6,000,000 $ 7,500,000 property, plant, and equipment 11,000,000 14,000,000 other assets 1,000,000 1,500,000 current liabilities 4,000,000 4,000,000 long-term liabilities 6,000,000 5,500,000. calculate the amount paid for goodwill.

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions