not use ai please In its current-year assessment of goodwill, Pelota provides the following individual asset and liability carrying amounts for each of itsreporting units:Tangible assetsTrademarkComputer softwareUnpatented technologyLicensesCopyrightsGoodwillLiabilitiesPage 138Carrying AmountsR-oneR-twoR-three$180,000$200,000$140,000170,00090,000170,00090,00050,000120,000(30,000)150,00090,000The total fair values for each reporting unit (including goodwill) are $510,000 for R-one, $580,000 for R-two, and $560,000 for R-three.To date, Pelota has reported no goodwill impairments.

Step 1:How much goodwill impairment should Purchase report this year for each of its reporting…

Answered: In its current-year assessment of…

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter12: Intangibles

Section: Chapter Questions

Problem 10RE

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1
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