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Crane Corporation acquired Linebrink Products on January 1, 2018 for $7350000, and recorded goodwill of $1600000 as a result of that purchase. At December 31,

Crane Corporation acquired Linebrink Products on January 1, 2018 for $7350000, and recorded goodwill of $1600000 as a result of that purchase. At December 31, 2018, Linebrink Products had a fair value of $7143000. The net identifiable assets of the Linebrink (excluding goodwill) had a fair value of $6300000 at that time. What amount of loss on impairment of goodwill should Crane record in 2018?

a. 207000

b. 0

c. 757000

d. 1393000

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