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On December 31,2020, Marigold Corporation paid $5557500 to acquire Sarasota Company and recorded $1637500 of goodwill as a result of the purchase. On December 31,2022,

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On December 31,2020, Marigold Corporation paid $5557500 to acquire Sarasota Company and recorded $1637500 of goodwill as a result of the purchase. On December 31,2022, Marigold determines that the fair value of the Sarasota division is $6507500 and the carrying amount of Sarasota's net assets on that date is $6207500 (the carrying value and the fair value of identifiable net assets are the same). What amount of loss on impairment of goodwill should Marigold record at December 31, 2022? $1337500 $0. $1637500. $300000. On December 31,2020, Marigold Corporation paid $5557500 to acquire Sarasota Company and recorded $1637500 of goodwill as a result of the purchase. On December 31,2022, Marigold determines that the fair value of the Sarasota division is $6507500 and the carrying amount of Sarasota's net assets on that date is $6207500 (the carrying value and the fair value of identifiable net assets are the same). What amount of loss on impairment of goodwill should Marigold record at December 31, 2022? $1337500 $0. $1637500. $300000

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