Pharoah Corporation acquired End-of-the-World Products on January 1, 2020 for $6600000, and recorded goodwill of $1240000 as a result of that purchase. At December 31, 2021, the End-of-the-World Products Division had a fair value of $4936000. The net identifiable assets of the Division (including goodwill) had a carrying value of $5640000 at that time. What amount of loss on impairment of goodwill should Pharoah record in 2021? $0 $704000 $960000 $1664000