Question 11, 2029, Matic Cat all of the cock of Golden Compy, which became a division of Majestic Cu Golden reported the following state of spot at the time the arprisi Ce Company ament of Financial Po $1,750,000 730,000 $2.720 000 EquitalLiablation Share capital ordinary $1,045,000 1,000,000 623.000 $2.720.000 Retamed earnings Accpayable Tal equity and liabilities An aisal indicated that the fair value of the amory was $375,000 and the fair value of the plant as was $1,450,000. The agreed purchase price was $3.000.000. and he was paid in cash to the previous owners of Golden Company Required Pyare the entry to recond the purchase of Golden Company Ansume that the carrying amount of Golden Company division's net assets, including goodwill is $2.600,000. The recoverable amount of the division is estimated to be $ 3.200,000. Prepare the journal entry to record the impairment loss (if any) on December 31, 2019 For the toolbar, press ALT+F10 (PC) or ALT-FN+F10 (Mac)