Cincinnatus Company paid $5,000,000 to acquire the Sproyer Corporation, which became a division of Cincinnatus. The acquisition wasfinalized January 1, 2016. Sproyer reported the following balance sheet at the time of the acquisition: Current assets Noncurrent assets $400,000 4.900,000 $5,300,000 Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $200,000 425,000 4.675.000 $5,300,000 Total assets At the date of the purchase the fair value of the identifiable net assets of Sproyer was $4,800,000. At December 31, 2016, Sproyer reported the following balance sheet information: Current assets Noncurrent assets (including goodwill recognized in purchase) Current liabilities Long-term liabilities Stockholders' Equity DR (CR) $500,000 4,650,000 (200,000) (500,000) (4,450,000) The 12/31/16 fair value of the Sproyer division was determined to be $4,375,000. The recorded amount for Sproyer's net assets (excluding goodwill) is the same as fair value, except for property, plant, and equipment, which has a fair value of $75,000 above the carrying value. On 12/31/16, the recorded Loss due to Impairment is