On 12/31/18, the managers of a company conduct an impairment test on a recently acquired division. When the division was purchased, Goodwill was debited.The book values of the division's assets (including goodwill) and liabilities are $300,000 and $120,000 respectively. The fair value of the division is estimated to be $160,000 on 12/31/18. Which of the following statements are correct? (select all that apply - i.e., just one or as many as all of them) (No impairment loss needs to be recorded A balance sheet account needs to be debited A loss needs to be debited The balance of Goodwill needs to be increased Goodwill needs to be credited