Crane Corporation acquired EOW Products on January $1,2025$ for $$5800000,$ and recorded goodwill of $$1080000$ as a result of that

purchase. At December $31,2026,$ the EOW Products Division had a fair value of $$4139000.$ The net identifiable assets of the Division

$($including goodwill$)$ had a carrying value of $$4840000$ at that time. What amount of loss on impairment of goodwill should Crane

report in $2026?$

$$701000$

$$1661000$

$$960000$

$$0$