Question: On December 3 1 , 2 0 2 0 , Ayayai Corporation paid $ 5 5 6 1 0 0 0 to acquire Swifty Company
On December Ayayai Corporation paid $ to acquire Swifty Company and recorded $ of goodwill as a result of the purchase. On December Ayayai determines that the fair value of the Swifty division is $ and the carrying amount of Swifty's net assets on that date is $the carrying value and the fair value of identifiable net assets are the same What amount of loss on impairment of goodwill should Ayayai record at December
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