11. WebHelper Incorporated acquired 100% of the outstanding stock of Silicon Chips Corporation (SCC) for $47.0 million, of which $19.0 million was allocated to goodwill. At the end of the current fiscal year, an impairment test revealed the following: fair value of SCC, $44.0 million; book value of SCCs net assets (including goodwill), $48.0 million.

What amount of impairment loss should WebHelper report in its income statement?