On May 31, 2015, Wamser Company paid $3,400,000 to acquire all of the common stock of Ball Corporation, which became a division of Wamser. Ball reported the follwing statement of financial position at the time of the acquisition: It was determined at the date of the purchase that the fair value of the identifiable net assets of Ball was $2,800,000. At December 31,2015 , Ball reports the following statement of financial position information: It is determined that the recoverable amount value of the Ball division is $1,800,000. Compute the amount of impairment loss, if any, on December 31, 2015. On May 31, 2015, Wamser Company paid $3,400,000 to acquire all of the common stock of Ball Corporation, which became a division of Wamser. Ball reported the follwing statement of financial position at the time of the acquisition: It was determined at the date of the purchase that the fair value of the identifiable net assets of Ball was $2,800,000. At December 31,2015 , Ball reports the following statement of financial position information: It is determined that the recoverable amount value of the Ball division is $1,800,000. Compute the amount of impairment loss, if any, on December 31, 2015