On December31, Star Corp. had a reporting unit that had a book value of$950,000, including goodwill of$130,000. As part of thecompany's annual review of goodwillimpairment, Star determined that the fair value of the reporting unit was$890,000. Star assigned$840,000 of the reporting units fair value to its assets and liabilities other than goodwill. What is the goodwill impairment loss to be reported on December 31 under U.S.GAAP?

A.

$80,000

B.

$50,000

C.

$60,000

D.

$110,000