Pursuing an inorganic growth strategy, Wilson Company acquired Venus Company's net assets and assigned them to four separate reporting divisions. Wilson assigned total goodwill of $134,000 to the four reporting divisions as given below:

25. Based on the preceding information, what amount of goodwill will be reported for Alpha at year-end? A. $0 B. $20,000 C. $30,000 D. $10,000

*I know the answer is $20,000 but if you can please show computations for that answer.

26. Based on the preceding information, what amount of goodwill will be reported for Beta at year-end? A. $0 B. $14,000 C. $34,000 D. $50,000

*I know the answer is $34,000 but if you can please show computations for that answer.

27. Based on the preceding information, for Gamma: A. no goodwill should be reported at year-end. B. goodwill impairment of $30,000 should be recognized at year-end. C. goodwill impairment of $20,000 should be recognized at year-end. D. goodwill of $30,000 should be reported at year-end.

*I know the answer is A but if you can please show computations for that answer.

28. Based on the preceding information, for Delta: A. no goodwill should be reported at year-end. B. goodwill impairment of $15,000 should be recognized at year-end. C. goodwill impairment of $20,000 should be recognized at year-end. D. goodwill of $30,000 should be reported at year-end.

*I know the answer is B but if you can please show computations for that answer.

29. Based on the preceding information, what would be the total amount of goodwill that Wilson should report at year-end? A. $0 B. $69,000 C. $79,000 D. $94,000

*I know the answer is $69,000 but if you can please show computations for that answer.

Carrying value Goodwill included in carrying value Fair value of net identifiable assets at year-end Fair value ofreporting unit at year-end Alpha Beta Gamma Delta $200,000 $320,000 $370,000 $300,000 20,000 34,000 50,000 30,000 150,000 300,000 390,000 280,000 180,000 350,000 360,000 295,000