* USE THE FOLLOWING INFORMATION FOR THE NEXT TWO QUESTIONS: Gavannah inc. purchased an identiflable business product as a unit and properly booked goodwill in association with the purchase. It was recently determined that one of the ingredients in the product is harmful to humans if taken on a regular basis, As a result the company is trying to determine if an impaiment of the goodwilt exists. The following information is avalablo for two your end tosting dates: PPdatos:1,890,000GocdwillFMVIdearkingt,212,000678,000AssetsDOP Assets DOP FMV of component 1,085,00 Fru of Isertitiane NA ulo oW 14.) Consider the testing for impairment and the required journal entry for 12/31/X8. What is the impact of the journal entry on net income? A. No joumal entry required because the fair market value of the business unit exceed the fair market value of all identifiable tangible and intangible assets. B. No journal entry required because the fair market value of the business unit exceed the net book value of the business unit (including goodwill). C. No journal entry required because the implied goodwill is equal to the cartying value (book value) of the original goodwill. D. No journal entry required because the implied goodwill is great than the carrying value (book value) of the original goodwill. 15.) Consider the testing for impairment and the required journal entry for 12/31/X9. What is the impact of the journal entry on retained earnings? Zero is an applicable