CGUs, corporate assets, goodwill    LO5 Camelot Ltd manufactures children’s toys. Its operations are carried out through three operating divisions, namely the Merlin Division, the Hollow Division and the Hills Division. These divisions are separate CGUs. In accounting for any impairment losses, all central management assets are allocated to each of these divisions. At 31 July 2019, the assets allocated to each division were as follows. Merlin CGU Hollow CGU Hills CGU Buildings $ 656 $ 600 $ 368 Accumulated depreciation (336) (304) (272) Land 160 240 120 Machinery 240 328 448 Accumulated depreciation (48) (256) (248) Inventories 96 64 80 Goodwill 32 40 24 Head Office assets 160 120 96 In relation to land values, the land relating to the Merlin and Hills Divisions have carrying amounts less than their fair values as stand‐alone assets. The land held by the Hollow Division has a fair value less costs of disposal of $234. Camelot Ltd determined the recoverable amount of each of the CGUs at 31 July 2019 as follows. Merlin $936 Hollow 720 Hills 640 Required Prepare the journal entry(ies) for Camelot Ltd to record any impairment loss at 31 July 2019.