Goodwill Impairment Bruceton Farms Equipment Company had goodwill valued at $72 million on its balance sheet...

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Goodwill Impairment Bruceton Farms Equipment Company had goodwill valued at $72 million on its balance sheet at year end. A review of the goodwill by the company's CEO indicated that the goodwill was impaired and was now only worth $45 million. What is the financial statement effect of the goodwill impairment? (Enter the amount of the change, using negative numbers when appropriate.] Assets change by Labrities change by Equity changes by 1 Cmillion $ Don Net income changes by S 0 milion Check Previous Save Answers Next O Goodwill Impairment Bruceton Farms Equipment Company had goodwill valued at $72 million on its balance sheet at year end. A review of the goodwill by the company's CEO indicated that the goodwill was impaired and was now only worth $45 million. What is the financial statement effect of the goodwill impairment? (Enter the amount of the change, using negative numbers when appropriate.] Assets change by Labrities change by Equity changes by 1 Cmillion $ Don Net income changes by S 0 milion Check Previous Save Answers Next O