On September 1, 2018. Vernon Corporation acquired Barlow Enterprises for a cash payment of $820.000. At the time of purchases, Barlows balance sheet showed assets of 5610.000 abilities of $240.000, and owner's equity of 5420,000. The fair value of Barlow's assets is estimated to be 5070.000. The abilities are all estimated to be at for alle a) Compute the amount of goodwill acquired by Vernon b) On December 31, 2020, the fair value of Barlow as a reporting unit is estimated to be 5720.000. The carrying value of Vernon's investment in Barlow at year end 5750.000 The fair value of Barlow's identifiable net asset excluding the goodwil, is determined to be 655.000. Prepare Vernon's journal entry, if necessary to record impairment of goodwill. Please use the new standard (Hint: The FASB's new goodwill impairment testing guidance - ASU 2017.04 is required for public SEC flers for periods beginning after December 15, 2019) Note: Please use integer only. Do not use a S. Use commas in numbers: 3.000 not 3000