11 Learns Q ACCT 3113 ch. 17 p... Expense M McGraw-Hill Connect Q 14-Puffery vs Dece... deducrion G Wiley CPA Exam Re ice Exercises Chapter 11 Required information The following information applies to the questions displayed below.) 02 In 2019, Alliant Corporation acquired Centerpoint Inc, for $300 million, of which $50 million was allocated to goodwill. At the end of 2021, management has provided the following information for a required goodwill impairment test: Fair value of Centerpoint Inc. Book value of Centerpoint's net assets (excluding goodwill) Book value of Centerpoint's net assets (including goodwill) $220 million 200 million 250 million Required: 1. Determine the amount of the impairment loss. (Negative amount should be indicated by a minus sign. Enter your answer in millions (i.e., 10,000,000 should be entered as 10). impairment loss million