Question: On December 31, an entity repoting unit had a net carrying value of $500000. for the reporting unit, the entity determined the following: Fair value

On December 31, an entity repoting unit had a net carrying value of $500000. for the reporting unit, the entity determined the following:

Fair value 480000

Value in use 475000

Goodwill 15000

What is the goodwill impairment loss that will be reported on the December 31 income statement under Gaap?

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