Wildhorse Company bought General Products Division in 2025 and recorded $792000 of goodwill related to...
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Wildhorse Company bought General Products Division in 2025 and recorded $792000 of goodwill related to the purchase. On December 31, 2026, the fair value of General Products Division is $4699000 and it is carried on Wildhorse's books for $5386000, including the goodwill. What amount of goodwill impairment should be recognized by General Products in 2026? $155000 $792000 0 $687000 0 $0
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