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Instructions Several years ago, Blaha Company purchased Husker Company as a subsidiary. At that time, Blaha recorded goodwill of $105.000 related to the purchase. Since

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Instructions Several years ago, Blaha Company purchased Husker Company as a subsidiary. At that time, Blaha recorded goodwill of $105.000 related to the purchase. Since that time, the company has not considered the goodwill to be impaired. However, at the end of 2019, Blaha decides to evaluate the goodwill for impairment because of technological changes in the industry Huskiet (which is considered a reporting unit of Blaha) has a book value (including the goodwin) of 5787,500 Blaha estimates that the fair value of Husker is $710,000, of which it allocates 5630,000 to Husker's iderable assets and abilities Required: 1. Prepare the journa; entry or any for Blaha to record the impairment of its goodus at the end of 2019. 2. Next Level Would any additional impairment be required? 3. Assume that Blaha Used IFRS and has estimated the recoverable amount of Husker (nich qualities as a cash-generating-und to be 5745.000 Prepare the joumal entry for Bana to record the moment of its good at the end of 2019 General Journal Shaded cols have foedback. Score: 19/25 GENERAL JOURNAL POST. REF: DEBIT CREDIT 1 DATE ACCOUNT TITLE Dec 31 Impairment Loss on Goodwill Goodwill 41.500.00 41,500.00 Next Level Shaded cells have feedback. X 2. Would any additional impairment be required? Additional Instruction Additional impairment loss V $41.500 X Points: 1/2

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