In 2018, Company A decided to purchase Company B for 400,000. The assets and liabilities of Company B were as follows (in euros):

	Book value	Fair value
PEE	100,000	300,000
identifiable intangibles	5,000	4,000
Inventories	1,000	4,000
Note payable	(20,000)	(20,000)

In 2020, market conditions indicated that Goodwill was impaired to 50,000.

In 2022, the market recovery improves the fair value of Goodwill to 400,000.

1. What is the value of Goodwill, if any?

2. Prepare the entries for 2018, 2020 and 2022.

3. In accounting, if we replace Goodwill with another indefinite-lived intangible, would the entries for 2020 and 2022 be different? If yes, show the appropriate entries.