As of December 31, 20X4, Blue Co.s statement of financial position shows the book values of $15,000,000 for total assets and $12,000,000 for total liabilities. Also on December 31, 20X4, an appraisal shows the fair values of $18,500,000 for total assets and $14,000,000 for total liabilities. On December 31, 20X5, as a result of impairment testing, Green Co. determined that the fair value of the goodwill was $700,000. For the year-ended December 31, 20X5, what amount, if any, will Green Co. record as goodwill impairment loss?