If Howard Company's Balance Sheet Amount of Goodwill Is $20,000 $\begin{array}{lrr} \text { GOODWILL} &5,000\\ \text { GOODWLL GAIN } &&5,000\\\end{array}$

If Howard Company's balance sheet amount of goodwill is $20,000 and the fair market value of the goodwill is estimated to be $25,000, which of the following entries would be recorded in Howard's books?
A.
$\begin{array}{lrr} \text { GOODWILL} &5,000\\ \text { GOODWLL GAIN } &&5,000\\\end{array}$

B.
$\begin{array}{lrr} \text { GOODWILL GAIN } &5,000\\ \text { GOODWIL } &&5,000\\\end{array}$


C.
$\begin{array}{lrr} \text { IMPAIRMENT LOSS } &5,000\\ \text {GOODWLL } &&5,000\\\end{array}$


D. $\begin{array}{lrr} \text { NO FNTRY WIII BE MADE. } &\\\end{array}$