Farm Equipment Company had goodwill valued at $$170$ million on its balance sheet at year$-$end. A review of the goodwill by the

company's CFO indicated that the goodwill was impaired and was now only worth $$100$ million.

How will the goodwill impairment appear on the Income Statement of the company?

Select one:

a$.$ As an Impairment Loss of $$100$ million

b$.$ As an Impairment Loss of $$70$ million

c$.$ As an Impairment Loss of $$20$ million

d$.$ None of the above