Using ASC guidelines determine the goodwill valuation for ZD and Hope Corporation. Provide numbers to support your revaluation if necessary and explain your process if there is impairment.

(Assume that Household Goods will be an early adopter of the ASU 2017-04, scheduled to be adopted by publicly traded firms for fiscal years starting after Dec. 15, 2019. Also, assume that ZD and Hope are considered separate reporting units and Household Goods has not elected the Accounting alternative.)