General Optic Corporation operates a manufacturing plant in Arizona. Due to a significant decline in demand for the product manufactured at the Arizona site, an impairment test is deemed appropriate. Management has acquired the following information for Complete this question by entering your answers in the tabs below. Determine the amount of impairment loss. Note: Enter your answer in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5 Determine the amount of impairment loss assuming that the estimated undiscourted sum of future cash flows is (3) instead of $16 and (4) \$24 instead of $16. Note: Enter your answers in millions rounded to 1 decimal place (1.e., 5,500,000 should be entered as 5.5 ). In 2022. Alliant Corporation acquired Centerpoint Incorporated for \$436 million, of which $66 million was allocated to goodwill. At the end of 2024 , management has provided the following information for a required goodwill impairment test: Exercise 1131 (Algo) Port 1 Required: 1. Determine the amount of the impairment loss reported in the 2024 income statement. Note: Enter your answer in millions (i.e., 10,000,000 should be entered as 10). Answer is complete but not entirely correct. In 2022, Alliant Corporation acquired Centerpoint Incorporated for $436 million, of which $66 million was allocated goodwill. At the end of 2024 , management has provided the following information for a required goodwill impairment test 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 $404 mitlion Note: For all requirements, enter your onswer in millions (i.e., 10.000,000 should be entered os 10)