Exercise $11-31($Algo$)$ Impairment; goodwill $[$L$011-8]$

$[$The following information applies to the questions displayed below.$]$

In $2022,$ Alliant Corporation acquired Centerpoint Incorporated for $$339$ million, of which $$59$ million was allocated to goodwill. At the end of $2024,$ management has provided the following information for a required goodwill impairment test:

Fair value of Centerpoint Incorporated

Book value of Centerpoint's net assets $($excluding goodwill$)$ $ $247$ million

Book value $of$ Centerpoint's net assets $(including$ goodwill$)280$ million

Exercise $11-31($Algo$)$ Part $2$ & $3$

$2.$ Determine the amount of goodwill reported in the year$-$end $2024$ balance sheet.

$3.$ Determine the amount of the impairment loss assuming that the fair value of Centerpoint is $$306$ million.

Note: For all requirements, enter your answer in millions $($i$.$e$.,10,000,000$ should be entered as $10).$

$\backslash$table$[[2.$ Goodwill,million$],[3.$ Impairment loss,million$]]$