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I have no idea what I miscalculated. can someone please explain Exercise 12-14 (Part Level Submission) Presented helmv is net asset lnforrnatinn related m the

I have no idea what I miscalculated. can someone please explain

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Exercise 12-14 (Part Level Submission) Presented helmv is net asset lnforrnatinn related m the Teal Mountain DIIlEan of Santana. Inc. TEAL MOUNTAIN DIVISION . _ MEI ASSETS \"Trinidad-m Mt Caulk ASOF EIEEEMBERZl. 2011 _ {IN MILLIDNS) Lees nnlmpa-mem 153 Cash 550 Goudvaill ( ( 15 Acmu nu renewable 209 Pruperty, plant. and equipment (net) 2,604 Guadmll 210 sum-rust nr Acclaim slaw autumn-i sum answe- Less: Mm payable [2.599) umtm'IExr um "um N\" am The purpase ulme Teal Muuntain Divislon s to dmlup a nudear-puwred a'lrclaft. If successFul, tlzveling delays assoslaled Atlanln's: 1 9| 3 use] with refueling muld he su hstantlally reduced. Many uther benets wuuld also ucl:ur. Tu dahe, management has not had much sutaas and is deciding whether a writerdawn at thls tlme is appropriate. Management mimaled its future net cash ows fnlrrl the pruject n: he $415 mllllan. Management has also recanted an wffer (u pulshase d'le dlvlslun for man mllllun. All Identiable asse' and lla hlllues' book and falr value amounts are the sa me. 7 (b) v (a) r Your answer '5 Flame\")! comets. Tl'f agaln. -' 'I'Dur answer "ls WHEEL At Denern her 31, 2015. it is atlmated that the dlwslnn's falr value lntreased to $345 mlllan. Pmpare the Journal entry In regard ails increase in Fair value. {mm Entry rs l-eqm'red, select- "No Entry" l'ar the sacrum! elves and Enter a far the amounts. Credit accnunr ries are aummaral'fy inamed when amaurlr is ante-led. Do not indent manually.) prepare chejmlrtlal enlr'y tn reuEnj (he. lmpairmenl Halley-amber 31, 201_7. {If-lo entry is require-d, safe\": "No Entry" for mung-elm Debi Craft x a... ll | h I ELKIJW'H " :13

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