Exercise 2-10 On January 1, 2013, Porsche Company acquired the net assets of Saab Company for $450,140 cash. The fair value of Saab's identifiable net assets was $375,740 on this date. Porsche Company decided to measure goodwill impairment using the present value of future cash flows to estimate the fair value of the reporting unit (Saab). The information for these subsequent years is as follows: Year 2014 2015 2016 Present Value of Future Cash Flows $399,230 $400,700 $349,470 Carrying Value of Saab's Identifiable Net Assets* $329,372 $319,776 $300,150 Fair Value Saab's Identifiable Net Assets $340,664 $344,827 $325,320 * Identifiable net assets do not include goodwill. (a) For each year determine the amount of goodwill impairment, if any. 2014 2015 2016 Goodwill impairment $