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PepsiCo, Inc. acquires another company and records goodwill of $5,000,000. Due to changes in market conditions, an impairment test reveals that the fair value of

PepsiCo, Inc. acquires another company and records goodwill of $5,000,000. Due to changes in market conditions, an impairment test reveals that the fair value of the acquired company has decreased, resulting in a fair value of $4,000,000 for the goodwill. Determine the impairment loss to be recognized by PepsiCo.

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