Google LLC acquired 70% of Nest Labs Inc.'s outstanding shares on January 1, 20X1, for $1.5 billion. The fair value of Nest Labs Inc.'s net identifiable assets was $1.2 billion. At the end of 20X1, Google LLC performed an impairment test and determined that the fair value of Nest Labs Inc.'s reporting unit was $1.3 billion. Determine if an impairment loss on goodwill exists for Google LLC related to its acquisition of Nest Labs Inc.