In February, 2021, Caterpillar acquired the Oil & Gas division of Weir Group (henceforth "Weir" for $360 in cash. As of the date of the acquisition, Weir had the following items on its balance sheet:

Book Value Market Value

Tangible Assets $ 60 $ 140

Tradename $ 0 $ 160

Liabilities $ 40 $ 40

Shareholders' Equity $ 20 $ 360

As of December 31, 2021, Caterpillar's book value of the acquired tangible assets has been decreased by $20 due to depreciation. No impairments or disposals of acquired assets have occurred.The following additional information pertains to the Weir business unit as of December 31, 2021 (all liabilities had been paid off by December 31, 2021).

Undiscounted Discounted

future cash flow future cash flow

Tangible assets $ 130 $ 100

Tradenames $ 130

Weir (in total) $ 290

At the end of the year, Caterpillar realized that no impairment tests on any of the assets acquired in the Weir acquisition have been made. If impairment tests were made, and needed adjustments were made to correct the error

a)Change to Goodwill as ofDecember 31, 2021?

b)Change to Profit for the year endedDecember 31, 2021?