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er questions 17 and 18 based on the following information On December 31, an entity tested its goodwill for impairment and determined the following for

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er questions 17 and 18 based on the following information On December 31, an entity tested its goodwill for impairment and determined the following for one of its cash-generating units Carrying value $7,200,000 Fair value 57.800,000 Estimated cost to sell 800,000 6,900,000 Value in se The cash-generating unit reports good will of $290,000 17. What is the impairment loss that will be reported on the December 31 income statement under RS? 3. $200.000 D. $300,000 1 What is the amount of goodwill that the CGU would have to report the accounting for the A $90,000 C5300,000 B $100.000 D. $290,000 19. Red Company is a calendar-year firm with operations in several countries. Ata ry 1, 2018 the company had v ed 40.000 executive stock options permitting out to buy 400000 shares of stock for $25. The vesting schedule is 20% the first year, 30 the second year, and 506 the third year (graded-vesting). The fair value of the options is estimated as follows C$250.000 Fair Valve per Option Amount Vesting Vesting Date Dec 31, 2018 20% Dec. 31. 2019 30% Dec. 31.2000 50% Acme Red prepares its financial statements in accordance with IFRS, what is the compensation expense related to the options to be recorded in 2019? A SER 000 C. $128.000 D B 596,000 $140.000 20. On January 1, Year 1, HC made amendments to its defined benefits plan, resulting in $12,000,000 of past service costs. The plan has 1,000 active employees with an average expected remaining working life of 10 years. There are no retirees under the plan. What is the amount of past service costs to be amortized in Year 1 and in subsequent years under IFRS? A $12.000.000 in Year I and nothing in subsequent years B $12.000.000 every year from Year I through year 10. C. $12.000 every year from Year 1 through Year 10. D. $12,000 each year from Year 1 through Year 10

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