CARLOS DIVISION NET ASSETS AS OF DECEMBER 31, 2017 (IN MILLIONS)
Cash	$ 50
Accounts receivable	207
Property, plant, and equipment (net)	2620
Goodwill	195
Less: Notes payable	(2649)

The purpose of the Carlos Division is to develop a nuclear-powered aircraft. If successful, traveling delays associated with refueling could be substantially reduced. Many other benefits would also occur. To date, management has not had much success and is deciding whether a write-down at this time is appropriate. Management estimated its future net cash flows from the project to be $400 million. Management has also received an offer to purchase the division for $337 million. All identifiable assets and liabilities book and fair value amounts are the same.

Instructions:

Calculate the impairment, if any, at December 31, 2017.

B)

On July 1, 2017, Brigham Corporation purchased Young Company by paying $229311 cash and issuing a $111746 note payable to Steve Young. At July 1, 2017, the balance sheet of Young Company was as follows.

Cash	$ 54634
Accounts receivable	88535
Inventory	102738
Land	44447
Buildings (net)	74332
Equipment (net)	72616
Trademarks	10095
Accounts payable	202241

The recorded amounts all approximate current values except for land (fair value of $52997), inventory (fair value of $122338), and trademarks (fair value of $13890).

Calculate the amount of goodwill in this transaction.