Goodwill

The following summarizes the changes in the carrying amount of goodwill for the year ended March 31, 2013 and 2012:



	2013			2012
Balance at beginning of year
Goodwill	$	5,716,327		5,659,979
Accumulated goodwill impairment losses	(25,393		)	(25,393	)
	$	5,690,934		5,634,586

Goodwill acquired during the year	$	205,354		56,348

Impairment losses	—			—

Balance at end of year
Goodwill	$	5,921,681		5,716,327
Accumulated goodwill impairment losses	(25,393		)	(25,393	)
Total	$	5,896,288		5,690,934

The Company performed an annual impairment test during the fourth quarter of fiscal 2013 and 2012, and determined that none of the recorded goodwill was impaired.