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Exercise 11-26 Impairment; goodwill [LO11-8] In 2011, Alliant Corporation acquired Centerpoint Inc. for $403 million, of which $63 million was allocated to goodwill. At the

Exercise 11-26 Impairment; goodwill [LO11-8] In 2011, Alliant Corporation acquired Centerpoint Inc. for $403 million, of which $63 million was allocated to goodwill. At the end of 2013, management has provided the following information for a required goodwill impairment test: Fair value of Centerpoint, Inc. $315 million Fair value of Centerpoint

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