On May 28, 2021, Pesky Corporation acquired all of the outstanding common stock of Harman, Inc., for $450 million. The fair value of Harman's identifiable tangible and intangible assets totaled $533 million, and the fair value of liabilities assumed by Pesky was $170 million. Pesky performed a goodwill impairment test at the end of its fiscal year ended December 31, 2021. Management has provided the following information:

Fair value of Harman, Inc. $ 430 million

Fair value of Harman's net assets (excluding goodwill) 370 million

Book value of Harman's net assets (including goodwill) 446 million

Required:

1. Determine the amount of goodwill that resulted from the Harman acquisition.

2. Determine the amount of goodwill impairment loss that Pesky should recognize at the end of 2021, if any.

3. If an impairment loss is required, prepare the journal entry to record the loss.