n March $31,2018,$ Wolfson Corporation acquired all of the outstanding common stock of Barney Corporation for $$18,800,000$ in cash. The book values and fair values of Barney$$s assets and liabilities were as follows:

Book Value Fair Value

Current assets $ $7,800,000$ $ $9,300,000$

Property, plant, and equipment $12,800,00015,800,000$

Other assets $1,180,0001,680,000$

Current liabilities $5,800,0005,800,000$

Long$-$term liabilities $7,800,0007,300,000$