Select the correct answer for each of the following questions.
Twill Company has a reporting unit with the fair value of its net identifiable assets of $500,000. The carrying value of the reporting unit's net assets on Twill's books is $575,000, which includes $90,000 of goodwill. The fair value of the reporting unit is $560,000. Twill should report impairment of goodwill of:
a. $60,000.
b. $30,000.
c. $15,000.
d. $0.
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