NYU Inc recently acquired several businesses and recognized goodwill in each acquisition Goodwill was allocated to NYUs two reporting units SP1 and SP2 At the end of 2020, a qualitative assessment determined that goodwill is probably impaired NYU asked you to help with its quantitative assessment of goodwill impairment and provided you with the following information SP1 SP2 Carrying Value Fair Value Carrying Value Fair Value Tangible Assets 200,000 220,000 300,000 270,000 Trademark 150,000 130,000 Customer list 100,000 100,000 Unpatented Tech 50,000 Licenses 100,000 130,000 Copyrights 50,000 75,000 Goodwill 150,000 20,000 Liabilities (40,000) (40,000) The total fair values (including goodwill) are $500,000 for SP1 and $420,000 for SP2 Required How much goodwill impairment loss should NYU report for 2020 for each of its reporting units At what amounts would NYU report Tangible Assets, Unpatented Tech and goodwill on its consolidated balance sheet for 2020 Indicate the amount for each asset separately

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NYU Inc. recently acquired several businesses and recognized goodwill in each acquisition. Goodwill was allocated to NYUs two reporting units: SP1 and SP2. At the

NYU Inc. recently acquired several businesses and recognized goodwill in each acquisition. Goodwill was allocated to NYUs two reporting units: SP1 and SP2. At the end of 2020, a qualitative assessment determined that goodwill is probably impaired. NYU asked you to help with its quantitative assessment of goodwill impairment and provided you with the following information:

	SP1		SP2
	*Carrying Value*	*Fair Value*	*Carrying Value*	*Fair Value*
Tangible Assets	200,000	220,000	300,000	270,000
Trademark	150,000	130,000
Customer list	100,000	100,000
Unpatented Tech		50,000
Licenses			100,000	130,000
Copyrights			50,000	75,000
Goodwill	150,000	?	20,000	?
Liabilities	(40,000)	(40,000)

The total fair values (including goodwill) are $500,000 for SP1 and $420,000 for SP2.

Required

How much goodwill impairment loss should NYU report for 2020 for each of its reporting units?

At what amounts would NYU report Tangible Assets, Unpatented Tech and goodwill on its consolidated balance sheet for 2020? Indicate the amount for each asset separately.