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Current Attempt in Progress X |ncorrect. There is no second step in the goodwill impairment test. The impairment is equal to the difference between the excess of the carrying value over the fair value of the reporting unit. Wilson Corporation is performing the test of impairment of its Technology reporting unit at the end of the year. Wilson has determined the fair value of the unit using a multiple of earnings approach at $2,000,000. The carrying value of the net assets of the Technology unit is $2,100,000. What should Wilson do with this information? Record an impairment loss of $100,000. Record no impairment loss. O Perform step 2 of the test of impairment. Value goodwill individually.