While performing a goodwill impairment test, the company had the following information: 
Based upon this information the proper conclusion is:
A) The company should recognize a goodwill impairment loss of $20,000.
B) Goodwill is not impaired.
C) The company should recognize a goodwill impairment loss of $40,000.
D) The company should recognize a goodwill impairment loss of $60,000.
Correct Answer:
Verified
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