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Several years ago Blaha Company purchased Husker Company as a subsidiary At that time, ftaha recorded goodwill of 105,000 related to the purchase Since that

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Several years ago Blaha Company purchased Husker Company as a subsidiary At that time, ftaha recorded goodwill of 105,000 related to the purchase Since that time, the company has not considered the goodwill to be maeed However, at the end of 2019, Blaha decides to evaluate the goodwill for imporment because of technological changes in the industry. Husker (which considered a reporting unit at Blaha) has a book values including the goodwill of $787,500 taha estimates that the taie vahel sket is $710,000, of which e allocate 5630,000 10 ker's identifiable assets and abilities Required 1. Prepare the journal entry of any) for Blaha to record the warment of its poodwill at the end of 2010. 2 Next Level Would any additional moment de recured? 3 Assume that had sex FRS and has estimated the recoverable amount of Husker (which quatties as a cash generating on to be 5745.000 Prepare the joumal entry for Ellaha to record the imporment of its goodwill at the end of 2019 + Prepare the journal entry.anyfor Blaha to record the impormentet is goodwill on December 31 General Wowmal instructions DE GENERAL JOURNAL DATE ACCOUNT DET DET 1 3. Assorme that fitalo Ured FRS and has estrated the recoverable amount of sker innich qualiter sa capenerating and to be $745.000 Prepare una entry trany) for Bride to record the moment or its goodwill on December 31 General con 2. Would any additional impairment be required? Additional Instruction Additional impairment

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