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help pls Alomar Co., a consolidated enterprise, conducted an impairment review for each of its reporting units, in its qualitative assessment: one particular reporting unit,
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Alomar Co., a consolidated enterprise, conducted an impairment review for each of its reporting units, in its qualitative assessment: one particular reporting unit, Sellers, emerged as a candidate for possible goodwill impairment, Sellers had recognized net assets with carrying amounts totaling $1,419, including goodwill of $880. Seller's teporting unit fair value is assessed at $1,189 and includes two internally developed unrecognized intanglble assets (a patent and a customer list with fair values of $266 and $125, respectively) The following table summarizes current financial information for the Sellers reporting unit: a. Determine the amount of any goodwill impairment for Alomar's Sellers reporitig unit. b. After recognition of any goodwill impairment loss, what are the reported carryng amounts for the following assets of Alamar's reporting unit Sellers Step by Step Solution
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