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Peters Company purchased Stevens Company's net assets and assigned them to three separate reporting units. The data associated with each reporting unit is listed below.

Peters Company purchased Stevens Company's net assets and assigned them to three separate reporting units. The data associated with each reporting unit is listed below.

Reporting Unit

A

B

C

Carrying Value of Investment $500,000 $250,000 $300,000
Goodwill included in carrying value $75,000 $15,000 $70,000
Fair Value of net identifiable assets at year-end $380,000 $200,000 $200,000
Fair Value of reporting unit at year-end $460,000 $210,000 $250,000

1) What should be the carrying value of goodwill for reporting unit A at year-end?

2) What should be the carrying value of goodwill for reporting unit B at year-end?

3) What impairment loss should reporting unit C report for the year?

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