On May 28, 2021. Pesky Corporation acquired all of the outstanding common stock of Harman, Inc. for $590 million. The fair value of Harman's identifiable tangible and intangible assets totaled $631 milion, and the fair value of abilities assumed by Pesky was 5169 million Pesky performed a goodwill impairment test at the end of ts fiscal year ended December 31, 2021 Management has provided the to lowing formation Fair value of area's reta s (excluding Hoodvill) Book value of huren's net assets (including dll) 510 million Required 1 Determine the amount of goods that resulted from the Harman action 2. Determine the amount of goodwill impamentos that Pesky should recognize at the end of 2021, any 3. If an impairment loss is required, prepare the journal entry to record the loss. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Determine the amount of good that resulted from the Harman acquisition and the amount of goodwill impairment loss that Pesky should recognize at the end of 2001, Iany (Negative should be indicated by a mission. Enter your answers in mi s e 10000.000 should be as 10. $ 128 million S min Gondolimpairment loss Reg 3 > On May 28, 2021. Pesky Corporation acquired all of the outstanding common stock of Harman, Inc., for $590 million. The fair value of Harman's identifiable tangible and intangible assets totaled $631 milion, and the fair value of abilities assumed by Pesky was $169 million Pesky performed a goodwill impairment test at the end of its fiscal December 31, 2021 Management has provided the following information Fair value of Harson, Inc Fair value of Hasan's net assets (excluding goodwill) Book value of Harman's net assets (including goodwill) 51e million 514 million Required: 1. Determine the amount of goodwill that resulted from the Harman acquisition 2. Determine the amount of goodwill impairment loss that Pesky should recognize at the end of 2021 3. If an impairment loss is required, prepare the journal entry to record the loss. Answer is complete but not entirely correc Complete this question by entering your answers in the tabs below. Ru 1 and 2 If an impairment loss is required, prepare the journal entry to record the loss. If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in millions de 10,000,000 should be entered No Credit v ent 1 General Journal loss on Impairment of Goodwill Goodwili Debit 68,000,000 68.000.000