BE6. Goodwill Impairment. Events and circumstances indicate the need for Lenny Schaeffer Bakeries to undertake quantitative testing of goodwill. The current carrying value of the reported goodwill for the reporting unit is $800,000. The goodwill pertains to the reporting unit. The book value of the net assets of the reporting unit, excluding goodwill, is equal to $1,200,000. The fair value of the reporting unit including goodwill is $2,200,000. Determine whether Schaeffer's goodwill is impaired