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connect. ACCOUNTING Chapter 11 HW Question 20 (of 21) 20. 10.00 points value WebHelper Inc. acquired 100% of the outstanding stock of Silicon Chips Corporation

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connect. ACCOUNTING Chapter 11 HW Question 20 (of 21) 20. 10.00 points value WebHelper Inc. acquired 100% of the outstanding stock of Silicon Chips Corporation (SCC) for $46.3 million, of which $17.6 million was allocated to test revealed the following: fair value of SCC, $46.6 million; fair value of SCC's net assets (excluding goodwill), $42.8 million; goodwill. Af' the end of the current fiscal year, an impairment book value of SCC's net assets (including goodwill, $45.9 millian What amount of impairment loss should WebHelper recognize? (Enter your answers in millions, (Q.. 10,000,000 should be entered as 10).) million

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