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In 2015, Antle Inc. had acquired Demski Co. and recorded goodwill of $260 million as a result. The net assets (including goodwill) from Antle's acquisition

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In 2015, Antle Inc. had acquired Demski Co. and recorded goodwill of $260 million as a result. The net assets (including goodwill) from Antle's acquisition of Demski Co. had a 2016 year-end book value of $595 million. Antle assessed the fair value of Demski at this date to be $715 million, while the fair value of all of Demski's identifiable tangible and intangible assets (excluding goodwill) $570 million. The amount of the impairment loss that Antle would record for goodwill at the end of 2016 is: was Multiple Choice $115 million. O so. None of these answer choices are correct. $145 million

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