Company A acquired Company B for $800,000 on June 15,2020 . This acquisition resulted in Company A recording goodwill of $300,000. On December 31,2023 Company B's balance sheet consisted of the following assets and liabilities: Cash: $250,000 Equipment: $475,000 Buildings: $585,000 Goodwill: $300,000 Accounts payable: $230,000 Non-current Liabilities: $400,000 During the last quarter of 2023, Company B experienced a substantial decrease in business due to a competitor producing a similar quality product, but selling it for a lower price which Company B could not match without experiencing huge losses. As a result, Company A performed an analysis to assess whether the goodwill related to Company B had been impaired. Company A determined that the fair value of Company B at December 31 , 2023 was $700,000, and the fair value of the net assets of Company B, other than goodwill was $610,000. Assuming no income tax effect to this analysis, what amount should be recorded as the goodwill impairment in accordance with ASC Topic 350, 'Intangibles - Goodwill and Other'? a. \$-0- b. $300,000 c. $280,000 d. $210,000