On July 1, 2020, Sarasota Corporation purchased the net assets of Soorya Company by paying $435,000 cash and issuing a $50,900 note payable to Soorya Company. At July 1, 2020, the statement of financial position of Soorya Company was as follows:

Cash		$75,800		Accounts payable		$317,800
Accounts receivable		106,000		Soorya, capital		232,000
Inventory		96,000		Total		$549,800
Land		48,900
Buildings (net)		75,800
Equipment (net)		99,000
Trademarks (net)		48,300
Total		$549,800

The recorded amounts all approximate current values except for land (worth $60,200), inventory (worth $127,200), and trademarks (worthless). The receivables are shown net of an allowance for doubtful accounts of $12,000. The amounts for buildings, equipment, and trademarks are shown net of accumulated amortization of $23,000, $32,000, and $56,000, respectively.

Based on part (a), assume now that Sarasota is a public entity and tested its goodwill for impairment on December 31, 2021. The cash-generating units values (including goodwill) are as follows:

Carrying amount		$539,000
Value in use		494,000
Fair value		464,000
Disposal costs		29,000

Determine if there is any impairment and prepare any necessary entry on December 31, 2021.