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Carla Vista Corporation acquired End-of-the-World Products on January 1, 2020 for $6750000, and recorded goodwill of $1270000 as a result of that purchase. At December
Carla Vista Corporation acquired End-of-the-World Products on January 1, 2020 for $6750000, and recorded goodwill of $1270000 as a result of that purchase. At December 31, 2021, the End-of-the-World Products Division had a fair value of $5083000. The net identifiable assets of the Division (including goodwill) had a carrying value of $5790000 at that time. What amount of loss on impairment of goodwill should Carla Vista record in 2021? $960000 $0 o $1667000 $707000
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