Required You have been asked to prepare a memo to Peggy Anderson, CPA, an audit partner at your firm. The memo is "From" you, so use your name. You select the subject and date. You are documenting the results of analyzing this transaction and the memo will be reviewed by your superiors and provide documentation for the files. At a minimum your memo should describe: . What assets and liabilities should be included in the "asset group" as defined for purposes of performing the recoverability test? How do the multiple operating scenarios impact the recoverability test? What impact should the potential foreclosure and extinguishment of debt have on the undiscounted cash flows used to perform the recoverability test? Assuming the analysis prepared in the table is accurate, describe the impairment test and whether or not recognition of impairment is required? If so, how much is the impairment write-down? Which asset will be adjusted? Your memo should be organized as follows: Facts: Issue: Analysis: Conclusion: Other Assignment Guidance Use double-spaced (except for tables), 1" margins, 12 point font in memo format. Upload your word or pdf file into Turnitin on Blackboard