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Bonus (Optional) - (9 Points) On July 1, 2020, Wilson Corporation acquired Golden Glow Company for $900,000 cash. At the time of purchase, Golden Glow's balance sheet showed assets of $775,000 and liabilities of $250,000. The fair value of Golden Glow's assets is estimated to be $950,000 Instructions (a) Compute the amount of goodwill acquired by Wilson. (5 Points) (b) On December 31, the fair value of Golden Glow is estimated to be $720,000. The carrying value of Golden Glow's net identifiable assets, including the goodwill, at year-end is $750,000. Prepare Wilson's journal entry, if necessary to record impairment of goodwill. (4 Points)