At the beginning of 2019, Metatec inc acquired Ellison Technology Corporation for $610 million. In addition to cash, receivables, and inventory, the following assets and their fair values were also acquired: Piant and equipment (depreciable anto) Patent Goodwin $151 million 41 million 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 potent is estimated to have a 5 year useful life, no residual value, and is amortized using the straight-line method At the end of 2021, o chonge in business climate indicated to management that the assets of Ellison might be impaired. The following amounts have been determined: 5 Billion 61 million plant and equipment Undiscounted of future cash flows Tai value Batente Undiscounted sum of future cash flows Fair value Coodwill Tal value of Elison Technology Corporation YAT Valun 11ann ART Retudine $20 million 13 million 5461 million 400 sill plant and equipment Undiscounted sum of future cash flows $ 81 million Fair value 61 million Patente Undiscounted sum of future canh trova $20 million Tair value 13 million Goodwill Fair value of minon Technology Corporation 5461 million Fair value of Ellion's set asseto (excluding goodvi11) 400 million Book value of 1111onu net anseta (including goodwill) 480 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 2021, 4. Determine the amount of any impairment loss to be recorded, if any, for the three assets. Complete this question by entering your answers in the tabs below. Required 1 Required 4