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$5,800,000 at that time. What amount of loss on impairment of
goodwill should Jenks record in 2015?

23) On December 31, 2014, the stockholders' equity section of
Arndt, Inc., was as follows:

Common stock, par value $10; authorized 30,000 shares;

issued and outstanding 9,000 shares $90,000

Additional paid-in capital

Retained earnings

116,000

184,000

Total stockholders' equity

$390,000