The carrying amount of Goodwill for

Roger's Shaw division after $100\%$

acquisition was $$7$M and the fair value

was evaluated at $$6$M$.$ How should the

Impairment be reflected and where?

Gain of $$1$M on statement of

financial position

Loss of $$1$M on statement of profit

and loss

None of the above as carrying

amount $>$ fair value

None of the above as fair value $<$

carrying amount