In September 2023, Happy Mart acquired TGW Inc. for a total cash payment of $950,380. At the time of the purchase, TGW's balance sheet reported assets of $990,600, liabilities of $429,600, and stockholders' equity of $561,100. The fair value of TGW's assets is estimated to be $1,202,400, while the fair value of the liabilities is estimated at $431,400. Two years later, Happy Mart has determined the value of the goodwill purchased to be $152,400. Based on this information, Happy Mart will recognize goodwill impairment of $26,980. no impairment, as the fair value of the goodwill is greater than the carrying value. goodwill impairment of $25,180. goodwill impairment of $236,880