Orioles Company bought Special Products Division in 2017 and appropriately recorded $741,000 of goodwill related to the purchase. On December 31, 2018, the fair value of Special Products Division is $5,600,000 and it is carried on Oriole's books for a total of $4,700,000, including the goodwill. An analysis of Special Products Division's assets indicates that goodwill of $595,000 exists on December 31, 2018. What goodwill impairment should be recognized by Orioles in 2018?
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