Following is the acquisition of the net assets of Dan Company, Epire Company assigned goodwill of $60,000 to one of the reporting divisions. Information for this division follows:

	Carrying Amount	Fair Value
Cash	20,000	20,000
Inventory	35,000	40,000
Equipment	125,000	160,000
Goodwill	60,000
Accounts Payable	30,000	30,000

Based on the preceding information, determine the amount of (a) goodwill that will be reported and (b) goodwill impairment, if any, that will be recognized for this division for each scenario.

1. FAIR VALUE OF REPORTING UNIT IS $230,000

A. the amount of goodwill to be reported

B. the amount of goodwill impairment to be recognized, if any

2. FAIR VALUE OF THE REPORTING UNIT IS $200,000

A. the amount of goodwill to be reported

B. the amount of goodwill impairment to be recognized, if any

3. FAIR VALUE OF THE REPORTING UNIT IS $195,000

A. the amount of goodwill to be reported

B. the amount of goodwill impairment to be recognized, if any