CPA Multiple Choice Question 14 The management of Devin Corporation is testing two of its reporting units for impairment of goodwill. Information about results of these tests are shown below. Reporting Units Telecommunications Networking Segment carrying amount (including goodwill) $2,500,000 $3,000,000 Carrying value of goodwill 500,000 500,000 Estimated fair value of total 2,900,000 2,800,000 Estimated fair value of assets and liabilities other than goodwill 2,100,000 2,500,000 After properly adjusting the goodwill for impairment, what will be the amount of the goodwill impairment loss reported by Devin Corporation? $200,000 O $500,000 $300,000 $0 Click if you would like to Show Work for this question: Open Show Work SUBMIT ANSWER Question Attempts: 0 of 1 used SAVE FOR LATER 06 V B A 8:13 PM 12/19/2019