The plant and equipment are depreciated over a 10-year useful life on a straight-line basis. There is no estimated residual value The patent is estimated to have a 5-year useful life, no residual value, and is amortized using the straight line method At the end of 2021, a change in business climate indicated to management that the assets of Ellison might be impaired. The following amounts have been determined 73 million 53 million plant and cunt: Undiscounted sun of future cash flows Fair value Patent Undiscounted of future cash flow Fair value Goodwill Fair value of Ellison Technology Corporation air value Ellison's not assets excluding will) Sookalu Ellison's net assets (including goodwill) $ 19 million 12 million $ 373 ne million After first recording any impairment losses on plant and equipment and the patent Required: 1. Compute the book value of the plant and equipment and patent at the end of 2021 4. Determine the amount of any impairment loss to be recorded. If any for the three assets Answer is not complete. Complete this question by entering your answers in the tabs below. a n d Compute the book value of the plant and equipment and patent at the end of 2013. Enter your answer your final answers to nearest whole dollar) The plant and equipment are depreciated over a 10-year useful life on a straight-line basis. There is no estimated residual value The patent is estimated to have a 5-year useful life, no residual value, and is amortized using the straight line method At the end of 2021, a change in business climate indicated to management that the assets of Ellison might be impaired. The following amounts have been determined 73 million 53 million plant and cunt: Undiscounted sun of future cash flows Fair value Patent Undiscounted of future cash flow Fair value Goodwill Fair value of Ellison Technology Corporation air value Ellison's not assets excluding will) Sookalu Ellison's net assets (including goodwill) $ 19 million 12 million $ 373 ne million After first recording any impairment losses on plant and equipment and the patent Required: 1. Compute the book value of the plant and equipment and patent at the end of 2021 4. Determine the amount of any impairment loss to be recorded. If any for the three assets Answer is not complete. Complete this question by entering your answers in the tabs below. a n d Compute the book value of the plant and equipment and patent at the end of 2013. Enter your answer your final answers to nearest whole dollar)