On January 1, 20x1, Porta Corporation purchased Swick Company's net assets and assigned goodwill of $82,400 to Reporting Division K. The following assets and liabilities are assigned to Reporting Division K on the acquisition date: Cash Inventory Equipment Goodwill Accounts Payable Carrying Amount $ 16,400 58,400 194,000 82,400 32,400 Fair Value $ 16,400 73,400 214,000 32,400 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. $364,000. b. $304,000 c. $284,000. Answer is complete but not entirely correct. Goodwill Impairment a Amount of Goodwill $ 82,400 $ 49,800 $ 69,800 b. $ 32,600 $ 284,000