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On December 3 1 , 2 0 2 0 , Grouper Corporation paid $ 5 5 5 8 0 0 0 to acquire Sheffield Company
On December Grouper Corporation paid $ to acquire Sheffield Company and recorded $ of goodwill as a result of the purchase. On December Grouper determines that the fair value of the Sheffield division is $ and the carrying amount of Sheffield's net assets on that date is $the carrying value and the fair value of identifiable net assets are the same What amount of loss on impairment of goodwill should Grouper record at December
$
$
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