Question: On December 31, an entity reporting unit had a net carrying value of $ 500,000. For the reporting unit, the entity determined the following Fair

On December 31, an entity reporting unit had a net carrying value of $ 500,000. For the reporting unit, the entity determined the following

Fair value $ 480,000

Value in use $ 475,000

Goodwill $15000

What is the Goodwill impairment loss that will be reported on the December 31 Income statement under GAAP?

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