please explain this concept step by step, thanks.

stys -06-022 B C 0 D F. H INTERMEDIATE ACCOUNTING CHAPTER 11. GOODWILL Ki M GIVEN 5 ABC PURCHASED 100% OF TNT CORP ASSETS & LIAB 472 000 B INT BALANCE SHEET PRIOR TO PURCHASE 19 10 CASH AR PP&E 50 000 22 000 240.000 312 000 LIAB OS RE 34 000 100 000 178.000 012 000 12 ABC'S REVIEW HAS FOUND THE FOLLOWING INFO: 14 TNT LICENSE (UNRECORED) 15 PP&E FAIR VALUE 75,000 300 000 17 REQUIRED PREPARE AN ANALYSIS OF 18 TNTS NET ASSETS 19 20 CASH AR LICENSE PP&E AP NET ASSETS 50 000 22 000 75 000 300 000 (34000) 413.000 22 23 IMPLIED GOODWILL 59.000 25 26 REQUIRED PREPARE ABOIS JOURNAL ENTRY 127 FOR THE PURCHASE OF INTS ASSETS & LIAB CASH AR LICENSE PP&E GOODWILL AP CASH 50 000 22.000 76 000 300,000 59 000 29 30 31 34 000 472 000 fo VA B DI E F C H M M 35 38 37 8 CARRYING VALUE FAIR VALUE MO YEAR 5 REPORTING UNIT DATA & GASS=88& CASH AR LICENSE PPSE GOODWILL AP 16.000 6.000 30.000 140.000 59.000 (25.000) 226,000 16,000 6.000 27,000 138,000 K25.000 162 000 147 48 YEAR 5 REPORTING UNIT FV 200 000 50 51 REQUIRED DETERMINE IF GOODWILL IMPAIRMENT EXISTS FAIR VALUE 200 000 CARRYING VALUE 226.000 53 DIFFERENCE (26 000) IMPAIRMENT EXISTS 54 55 REQUIRED CALCULATE GOODWILL IMPAIRMENT FAIR VALUE 200,000 FAIR VALUE (162.000) IDENTIFIABLE NET ASSETS 57 IMPLIED GOODWILE 38 000 58 59 IMPAIRMENT 21000 60 61 NOTE: REVISED IMPAIRMENT RULES FOR PUBLIC SEC FILERS FOR ACOUNTING PERIODS BEGINNING AFTER DECEMBER 16TH, 2019 NOTE: IMPLIED GW IS THE AMOUNT REQUIRED FOR THE EV COLUMN TO ADD UP TO TOTAL REPORTING UNIT FV = $200,000 63 FAIR VALUE CARRYING VALUE IMPAIRMENT 200.000 226 000 26 000 GWIMPAIRMENTIS GREATER CRVEN UNRECOGNIDECANES IN LICENSE & PP&E FAR VALUES 65 66 B7 Sheets Sheet2 Sheets