PROBLEM #12 MM Company has four cash generating units. One CGU has been experiencing significant losses in prior years. Thus, it becomes necessary to determine an impairment for the cash generating unit. The assets of the CGU at carrying amount at the current year-end are: Cash 10,000,000 Accounts receivable 20,000,000 Inventory 30,000,000 Property, plant, and equipment, net 50,000,000 Goodwill 5,000,000 It is reliably determined that the value in use of the CGU at the current year-end is P100,000,000. REQUIRED: 1. Determine the impairment loss of the CGU. 2. Prepare journal entry to record the impairment loss