Task $-$ Based on the information provided, determine the impact of the impairment analysis on goodwill as of and for the year ended $12/31/2021.$ If there is an impairment of goodwill as of the balance sheet date, there will be a write down of the recorded goodwill to expense during the year the impairment occurred. The write$-$down amount is given. Determine the adjustment required to properly state goodwill as of $12/31/2021$ and the related impairment of goodwill expense for the year ended $12/31/2021$ based on the information presented.

Based on the above, record the impairment of goodwill as of and for the year ended $12/31/2021.$

Prepare the adjustment identified from your analysis to record the goodwill impairment as of $12/31/2021.$

ANE$-9$ Impairment of Goodwill Goodwill

$($to adjust goodwill based on the impairment analysis performed as of $12/31/21)$

$2)$ Reconcile the unadjusted balances to the adjusted balances after taking into account the adjustment.

Unadjusted Adjustment Adjusted BS $-$ Goodwill $845,000\mathrm{.}00845,000\mathrm{.}00$ TB IS $-$ Impairment of Goodwill $--$ TB Key for adjustments: Balance Sheet signs: Assets are $+$ numbers and Liabilities$/$Equity are $-$ numbers. Income Statement sign: Expenses are $+$ numbers and Revenues are $-$ numbers.