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Destin Company recently acquired several businesses and recognized goodwill In each acquisition. Destin has allocated the res
The fair values for each reporting unit (including goodwill) are $781,400 for Sand Dollar, $789,900 for Salty Dog, and $712,7
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Answer #1
Sand Dollar Impairment loss $16,400
Salty Dog Impairment loss $39,300
Baytowne NA $0

Carrying amount Sand Dollar Tangible asset Trademark Customer List Goodwill Liabilities Book value of the unit 2,67,000 2,51,

Carrying amount Salty Dog Tangible asset Unpatented Technology Licenses Goodwill Book value of the unit 2,65,000 2,36,000 1,3

Carrying amount Baytowne Tangible asset 2,03,250 Unpatented Technology Copyrights 60,750 Goodwill 98,000 Book value of the un

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