On January 1, 20X1, Porta Corporation purchased Swick Company's net assets and assigned goodwill of $81,200 to Reporting Division K. The following assets and liabilities are assigned to Reporting Division K on the acquisition date: Carrying Amount Cash Inventory Equipment Goodwill Accounts Payable $ 15,200 57,200 Fair Value $ 15,200 182,000 72,200 202,000 81,200 31,200 31,200 Required: On December 31, 20X3, Porta must test goodwill for impairment. Determine the amount of goodwill to be reported for Division K and the amount of goodwill impairment to be recognized, if any, if Division K's fair value is determined to be a. $352,000. b. $292,000. c. $272,000. Amount of Goodwill a. b. C. Goodwill Impairment