I need help with part c please

Problem 12-04 (Part Level Submission) On July 31, 2020, Carla Vista Company paid $3,000,000 to acquire all of the common stock of Conchita Incorporated, which became a division (a reporting unit) of Carla Vista. Conchita reported the following balance sheet at the time of the acquisition. Current assets Noncurrent assets Total assets $710,000 2,700,000 $3,410,000 Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $600,000 500,000 2,310,000 $3,410,000 It was determined at the date of the purchase that the fair value of the identifiable net assets of Conchita was $2,700,000. Over the next 6 months of operations, the newly purchased division experienced operating losses. In addition, it now appears that it will generate substantial losses for the foreseeable future. At December 31, 2020, Conchita reports the following balance sheet information. Current assets Noncurrent assets (including goodwill recognized in purchase) Current liabilities Long-term liabilities Net assets $410,000 2,530,000 (660,000) (460,000) $1,820,000 Finally, it is determined that the fair value of the Conchita Division is $1,850,000. (a) Your answer is correct. Compute the amount of goodwill recognized, if any, on July 31, 2020. (If answer is zero, do not leave answer field blank. Enter o for the amount.) The amount of goodwill 300000 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT LINK TO TEXT LINK TO TEXT v (b) Your answer is correct. Determine the impairment loss, if any, to be recorded on December 31, 2020. (If answer is zero, do not leave answer field blank. Enter o for the amount.) The impairment loss Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT LINK TO TEXT LINK TO TEXT Attempts: 1 of 15 used (c) X Your answer is incorrect. Try again. Assume that fair value of the Conchita Division is $1,756,000 instead of $1,850,000. Determine the impairment loss, if any, to be recorded on December 31, 2020. (If answer is zero, do not leave answer field blank. Enter o for the amount.) The impairment loss Click if you would like to Show Work for this question: Open Show Work Attempts: 2 of 15 used