Assume that Stanton Inc.'s common shares had a fair market value of $51,000 on December 31, 2015. Assume also that the fair values of Stanton's identifiable net assets amounted to $36,000. Assuming that Rembrandt's fair values equaled its book values on the date of acquisition, has the consolidated Goodwill calculated above been impaired, and if so, by how much?
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