The following information for question 16-17: Perry Company recently acquired Sam business, recognizing goodwill in the acquisition Carrying Value $120,000 Tangible Assets Trademark Customer List Goodwill Fair Value $120,000 $50,000 $45,000 $35,000 $75,000 A year after the acquisition, the fair value of reporting unit including Goodwill is $215,000 16. Under the given information, is there Goodwill impairment? A) Yes B) No 17. If there's a Goodwill Impairment, How much loss if any should Perry report? A) $0 B) $215,000 C) $15,000 D) $75,000