3.Gold Company acquired another entity in a business combination at the beginning of the year. As

a result of the combination, the following amounts of goodwill were recorded for each of the three

reporting units of the acquiree:

Retailing

300,000

Service

200,000

Financing

400,000

Near the end of current year, a new major competitor entered

the entity's market and the entity was

concerned that this might cause a significant decline in the value of goodwill.

Accordingly, the entity computed the implied value of the goodwill for the three major reporting

units at year-end as follows:

Retailing

250,000

Service

100,000

Financing

600,000

What is the impairment of goodwill attributable to Retailing unit?

a. 250,000

b. 300,000

c. 50,000

d. 0

What is the impairment of goodwill attributable to service unit?

A. 200,000

B. 100,000

C. 300,000

D. 0

What is the impairment of goodwill attributable to Financing unit?

A. 400,000

B. 600,000

C. 200,000

D. 0