35.			Stanvid Company provided the following information:
			Fair value of the reporting unit, including goodwill					1,400,000
			Fair value of the net assets, excluding goodwill					1,200,000
			Book value of net assets, excluding goodwill					1,000,000
			Add: Carrying value of goodwill					600,000
			Carrying value of the reporting unit, including goodwill					1,600,000
			The qualitative assessment of goodwill is completed and it is more likely than not that goodwill is impaired. Perform the quantitative analysis to determine the required journal entry to record the goodwill impairment loss.
		A.	Quantitative assessment indicates no impairment loss exists. No journal entry required
		B.	Dr. Impairment Loss on Goodwill				400,000
			Cr. Goodwill					400,000
		C.	Dr. Impairment Loss on Goodwill				200,000
			Cr. Goodwill					200,000
		D.	Dr. Impairment Loss on Goodwill				100,000
			Cr. Goodwill					100,000