Alfonso Inc. acquired 100 percent of the voting shares of BelAire Company on January 1, 2020. In exchange, Alfonso paid $231,250 in cash and issued 100,000 shares of its own $1 par value common stock. On this date, Alfonsos stock had a fair value of $15 per share. The combination is a statutory merger with BelAire subsequently dissolved as a legal corporation. BelAires assets and liabilities are assigned to a new reporting unit. BelAire Reporting Unit Fair Values 1/1/20 Carrying Amounts 12/31/21 Cash $ 77,000 $ 44,000 Receivables 184,750 239,000 Inventory 209,250 254,000 Patents 486,500 590,000 Customer relationships 586,250 564,000 Equipment (net) 312,000 242,000 Goodwill ? 534,000 Accounts payable (139,500 ) (203,000 ) Long-term liabilities (519,000 ) (428,000 ) Prepare Alfonsos journal entry to record the assets acquired and the liabilities assumed in the BelAire merger on January 1, 2020. Note: Enter cash paid and cash received as two separate amounts. On December 31, 2021, Alfonso opts to forgo any goodwill impairment qualitative assessment and estimates that the total fair value of the entire BelAire reporting unit is $1,660,000. What amount of goodwill impairment, if any, should Alfonso recognize on its 2021 income statement