Freeman Co. acquired another business and paid (among other amounts) $57,600 for its goodwill in Year 1. On December 31 of Year 3 , the net book value of the busines5 is 5704,000 and the fair value of the business is $712,000. Determine the amount of goodwill impairment (if any) on December 31 of Year 3 . Assume no impairment losses were recognized on goodwill in prior periods