Chapter 3 Quiz i 4 00:12:17 Purchase Company recently acquired several businesses and recognized goodwill in each acquisition. Purchase has allocated the resulting goodwill to its three reporting units: RU-1, RU-2, and RU-3. Purchase opts to skip the qualitative assessment and therefore performs a quantitative goodwill impairment review annually. Tangible assets Trademark Customer list In its current-year assessment of goodwill, Purchase provides the following individual asset and liability carrying amounts for each of its reporting units: Unpatented technology Licenses Copyrights Goodwill Liabilities Carrying Amounts RU-1 RU-2 RU-3 $229,000 $252,000 $190,500 269,000 98,250 Goodwill impairment loss 163,400 (39,250) 173,000 134,000 RU-1 69,750 160,500 120,000 Saved The total fair values for each reporting unit (including goodwill) are $708,700 for RU-1, $699,650 for RU-2, and $716,800 for RU-3. To date, Purchase has reported no goodwill impairments. How much goodwill impairment should Purchase report this year for each of its reporting units? RU-2 Help RU-3

Purchase Company recently acquired several businesses and recognized goodwill in each acquisition. Purchase has allocated the resulting goodwill to its three reporting units: RU-1, RU-2, and RU-3. Purchase opts to skip the qualitative assessment and therefore performs a quantitative goodwill impairment review annually. In its current-year assessment of goodwill, Purchase provides the following individual asset and flability carrying amounts for each of its reporting units: The total fair values for each reporting unit (including goodwili) are $708,700 for RU1,$699,650 for RU-2, and $716,800 for RU-3. To date, Purchase has reported no goodwill impairments. How much goodwill impoirment should Purchase report this year for each of its reporting units? Purchase Company recently acquired several businesses and recognized goodwill in each acquistion. Purchase has allocated the resulting goodwill to its three reporting units: RU-1, RU-2. and RU-3. Purchase opts to skip the qualitative assessment and therefore performs a quantitative goodwill impairment review annually. In its current-year assessment of goodwil, Purchase provides the following individual asset and liability carrying amounts for each of its reporting units: The total fair values for each reporting unit (including goodwill) are $708,700 for RU-1, $699,650 for RU-2, and $716,800 for RU-3. To date. Purchase has reported no goodwill impairments. How much goodwill impairment should Purchase report this year for each of its reporting units