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Please clarify part B of the problem. Don't understand how to to find the book value of the reporting unit Dobbin Company pays $1,580,000 to

Please clarify part B of the problem. Don't understand how to to find the book value of the reporting unit

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Dobbin Company pays $1,580,000 to acquire 100% of the common stock of Tyrone Incorporated. It assumes that The following inform the reporting Tyrone's plant assets (such as the factory building and land) are undervalued by $43,000. The historical cost of the net (Cick the icon to view the assets acquired, excluding goodwill, is equal to $1,504,500. Tyrone will be held as a division of Dobbin. Dobbin hated the fair (a after the date of acquisition at $1,605,200 Read the require Data Table Requirements journal entry, if needed Description Debit Credit Compute goodwill recorded on the date of acquisition. Cash 203,000 b. Determine whether goodwill is impaired assuming that the fair value of the Inventory Tyrone Division with goodwill 1 year after acquisition is equal to $2,003,000. 310,000 Provide the impairment journal entry, if needed. Property, plant, and equipment, net 1,485,100 C. Determine whether goodwill is impaired assuming that the fair value of the Goodwill 32,500 Tyrone Division with goodwill 1 year after acquisition is equal to $1.617,000 Prepare the impairment journal entry, if needed Current liabilities 400,500 ntry ired" on the first line of the jour Common stock - no par 340,100 Print Done Retained earnings 1.290,000 Totals $ 2,030,600 S 2,030,600

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