10.In 20X2, Jacque's Gardening Supply acquired Glenn's Agricultural Center and recorded goodwill in the amount of $450,000. At the end of the 20X4 year, the net assets (including goodwill) of Glenn's had a book value of $2,000,000. Jacque determined the fair value of Glenn's to be $1,800,000. Is the goodwill associated with the Glenn's acquisition impaired? If so, how much is the impairment loss? The goodwill is impaired, but the fair value of the goodwill is needed to determine the impairment loss. The goodwill isn't impaired, so there isn't an impairment loss. Yes, the impairment loss is $200,000. Yes, the impairment loss is $450,000