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Required Information [The following information applies to the questions displayed below.] In 2022, Alliant Corporation acquired Centerpoint Incorporated for $520 million, of which $90 million
Required Information [The following information applies to the questions displayed below.] In 2022, Alliant Corporation acquired Centerpoint Incorporated for $520 million, of which $90 million was allocated to goodwill. At the end of 2024, management has provided the following information for a required goodwill impairment test: Required: 1. Determine the amount of the Impairment loss reported in the 2024 Income statement. Note: Enter your answer In millions (1.e., 10,000,000 should be entered as 10)
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