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Plasher Company has a reporting unit resulting from an earlier business combination. The reporting unit's current assets and liabilities are Canh Inventory Land Carrying Amount

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Plasher Company has a reporting unit resulting from an earlier business combination. The reporting unit's current assets and liabilities are Canh Inventory Land Carrying Amount $ 30,000 70,000 30,000 210,000 160,000 150,000 100,000 Fair Value $ 30,000 100,000 60,000 230,000 170,000 Buildinga Equipment Goodwill Notes Payable 100,000 Required: Determine the amount of goodwill to be reported and the amount of goodwill impairment, if any, If the folr value of the reporting unit is determined to be a. $580,000 b. $540,000 c. $500,000 d. $460,000 Goodwill Impairment Amount of Goodwill $ 150,000 $ 100,000 $ $ 10,000 0 d

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