Ross Company pays $1.500,000 to give 100% of the common work of art incorporated weshal Hotels planta (uch as the factory building and land) are undervalued by 143,000. The historical cost of the oured, excluding poodwill, is equal to 1.500,000. Hattie will be held ma vision of Rors. The following formation is very water the ti of the dry company, the reporting ick the icon to view the balance west) Rows estimated for appraisal) of the division's eching on your her the date a $1.000.000 Read the remot Requirements Data Table Requirement Compute goodwill recorded on the date of Account Amount Du Credit 5 . Compute goodwill recorded on the date of acquisition b. Determine whether goodil isimpaired wing that the fair value of the Hartie Division with goodall your har oqition is equal to 52,006,000 Provide the impairment journal entry needed c. Determine whether goodeillis impaired assuming that the fair value of the Hartie Division with goodwill year after acquisition is equal to 51.614.000 Prepare the impairment journal entry feeded Description Cash Inventory Property, plant, and equipment, net Goodwill 201.000 310.000 1.473,100 44.000 5 Goodwill Current Babes 400.100 341000 1,287.000 Print Common och par Done Retained aninge 2,028,100 2.028.100 5 Tools Print Done Ross Company pays $1.500,000 to give 100% of the common work of art incorporated weshal Hotels planta (uch as the factory building and land) are undervalued by 143,000. The historical cost of the oured, excluding poodwill, is equal to 1.500,000. Hattie will be held ma vision of Rors. The following formation is very water the ti of the dry company, the reporting ick the icon to view the balance west) Rows estimated for appraisal) of the division's eching on your her the date a $1.000.000 Read the remot Requirements Data Table Requirement Compute goodwill recorded on the date of Account Amount Du Credit 5 . Compute goodwill recorded on the date of acquisition b. Determine whether goodil isimpaired wing that the fair value of the Hartie Division with goodall your har oqition is equal to 52,006,000 Provide the impairment journal entry needed c. Determine whether goodeillis impaired assuming that the fair value of the Hartie Division with goodwill year after acquisition is equal to 51.614.000 Prepare the impairment journal entry feeded Description Cash Inventory Property, plant, and equipment, net Goodwill 201.000 310.000 1.473,100 44.000 5 Goodwill Current Babes 400.100 341000 1,287.000 Print Common och par Done Retained aninge 2,028,100 2.028.100 5 Tools Print Done