At the beginning of 2016, Metatec Inc. acquired Ellison Technology Corporation for $540 million. In addition to cash, receivables, and inventory, the following assets and their fair values were also acquired: Plant and equipment (depreciable assets) $ 144 million Patent 34 million Goodwill 110 million The plant and equipment are depreciated over a 10-year useful life on a straight-line basis. There is no estimated residual value. The patent is estimated to have a 5-year useful life, no residual value, and is amortized using the straight-line method. At the end of 2018, a change in business climate indicated to management that the assets of Ellison might be impaired. The following amounts have been determined: Plant and equipment: Undiscounted sum of future cash flows $ 74 million Fair value 54 million Patent: Undiscounted sum of future cash flows $ 19 million Fair value 12 million Goodwill: Fair value of Ellison Technology Corporation $ 384 million Fair value of Ellison's net assets (excluding goodwill) 330 million Book value of Ellison's net assets (including goodwill) 410 million* *After first recording any impairment losses on plant and equipment and the patent.

Required: 1. Compute the book value of the plant and equipment and patent at the end of 2018.

4. Determine the amount of any impairment loss to be recorded, if any, for the three assets.