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The following information is available for the assets of Saman Ltd. at December 31, Year 5: Carrying Amount $1,164 510 Tangible assets (net) Recognized intangible
The following information is available for the assets of Saman Ltd. at December 31, Year 5: Carrying Amount $1,164 510 Tangible assets (net) Recognized intangible assets (net) Internally developed patent Goodwill Total Fair Value $1,174 520 60 420 $2,094 Part B. Assume that the total fair value for all of Saman's assets as a group is $1,450. (a) Calculate the total impairment loss for Year 5. (Input the value as positive number. Omit $ sign in your response.) Total impairment loss $ 644 (b) After recognizing any impairment loss in (a), what are the reported carrying amounts for assets listed above? (Leave no cells blank - be certain to enter "O" wherever required. Do not round intermediate calculations. Round final answers to the nearest dollar amount. Omit $ sign in your response.) 1042 408 Tangible assets, net Recognized intangible assets, net Internally developed patent Goodwill 0 Total $ 1450
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