Which of the following statements about the impairment of value of goodwill are true? (Select all that apply.) Check All That Apply

Under U.S. GAAP, a goodwill impairment test must be performed for reporting units. Under U.S. GAAP, a goodwill impairment test must be performed for reporting units.

Under IFRS, a goodwill impairment test must be performed for cash-generating units. Under IFRS, a goodwill impairment test must be performed for cash-generating units.

Under U.S. GAAP, a company can choose first to provide only a qualitative assessment of the likelihood of goodwill impairment to determine if quantitative measurement is then necessary.

Under U.S. GAAP, a company can choose first to provide only a qualitative assessment of the likelihood of goodwill impairment to determine if quantitative measurement is then necessary.

Reversals of goodwill impairment losses are prohibited under U.S. GAAP but permitted under IFRS.

At the beginning of 2019, Robotics Inc. acquired a manufacturing facility for $12 million. $9 million of the purchase price was allocated to the building. Depreciation for 2019 and 2020 was calculated using the straight-line method, a 25-year useful life, and a $1 million residual value. In 2021, the estimates of useful life and residual value were changed to 20 total years and $500,000, respectively. What is depreciation on the building for 2021? (Round answer to the nearest whole dollar.)