1. The following information is available for Minneapolis Mill’s Canned Vegetable Division, as of the balance sheet reporting date of March 31, 2019:

Carrying value of the division, without Goodwill $2,440,000

Goodwill of the Canned Vegetable Division 2,000,000

Total carrying value of the division $4,440,000

Minneapolis Mills no longer plans to invest in maintaining this division and expects to complete a sale of the division in three years. Estimated cash flows for the Canned Vegetable Division are as follows:

Year ending 3/31/2020 400,000

Year ending 3/31/2021 200,000

Year ending 3/31/2022, including sale price 1,500,000

The appropriate discount rate is 8%.

What is the amount of the impairment to Goodwill (if any)?