How is the goodwill impairment calculated? I thought it was by adding assets and subtracting the accounts payable for net assets. Then adding goodwill and subtracting the fair value -for Ba X* CSU-GlobalO McGraw-Hill Connect ACT506S Question 1- Module 1 Critical T Xb My Math Solver | bartleezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252FmghmiddleZoomO DocuSignntritical Thinking Assignment 6SavedThe fair values of assets and liabilities held by three reporting units and other information related to the reporting units owned byProver Company are as follows:Reporting UnitAB.Cash & ReceivablesInventory$ 43,000 $115, 100 $ 29,10087,30029, 10058, 20015,200145, 500Land44, 300BuildingsEquipmentAccounts PayableFair Value of Reporting UnitCarrying Value of InvestmentGoodwill Included in Carrying Value228, 000136, 80091, 200668,800770, 00090,300152,000121,600212,80060,800608,000638,400106,40076,00015,200402,800440,80060,800Required:a. Determine the amount, if any, that Prover should report as a goodwill impairment for the current period.b. Determine the amount of goodwill that Prover should report in its current financial statements.Complete this question by entering your answers in the tabs below.Required ARequired BDetermine the amount, if any, that Prover should report as a goodwill impairment for the current period.Goodwill impairmentequiredARequired B >< Prev3 of 3 ENext>I RJ A Dlyp

Goodwill impairment: Goodwill impairment is a charge recorded when goodwill carrying value exceeds…

The fair values of assets and liabilities held by three reporting units and other information related to the reporting units owned by Prover Company are as follows: Reporting Unit A C. Cash & Receivables Inventory Land Buildings Equipment Accounts Payable Fair Value of Reporting Unit Carrying Value of Investment Goodwill Included in Carrying Value 87,300 29, 100 152,000 212,800 60,800 608,000 638,400 106,400 $ 43,000 $115, 100 $ 29,100 58, 200 15,200 121,600 76,000 15,200 402,800 440,800 60,800 145,500 44, 300 228,000 136,800 91, 200 668, 800 770,000 90, 300 Required: a. Determine the amount, if any, that Prover should report as a goodwill impairment for the current period. b. Determine the amount of goodwill that Prover should report in its current financial statements. Complete this question by entering your answers in the tabs below. Required A Required B Determine the amount, if any, that Prover should report as a goodwill impairment for the current period. Goodwill impairment Required A Required B >