Case 4 (4 Marks) Impairment of Goodwill. The following table summarizes the assets of the Rocker Division (a separate cash generating unit) at December 31 Year 5 prior to testing goodwill for impairment. Property, plant and equipment are amortized on a straight line basis over 12 years. Other intangibles are amortized on a straight line basis over 5 years. Management has estimated that the present value of the future cash flows from operating Rocker Division to be $1,500. No fair market value is available. Complete the following table to determine the carrying amounts at 12/31/YS for the assets of the Rocker Division. Other Goodwill Property, Plant, and Equipment Intangibles Total Carrying amount, 12/31/Y4 $1,000 $1,500 $500 $3,000 Amortization expense, Year 5 0 (125) (100) (225) Subtotal $1,000 $1,375 $400 $2.775 Impairment loss Carrying amount, 12/31/5