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08:46 you have completed so far. It does not indicate Required information [The following information applies to the questions displayed below] In 2022. Alliant Corporation acquired Centerpoint Incorporated for $403 million, of which $63 million was allocated to goodwill. At the end of 2024, management has provided the following information for a required goodwill impairment test Fair value of Centerpoint Incorporated Book value of Centerpoint's net assets (excluding goodwi11) Book value of Centerpoint's net assets (including goodwill) $ 315 million 277 million 340 million Required: 1. Determine the amount of the impairment foss reported in the 2024 income statement. Note: Enter your answer in millions (i.e., 10,000,000 should be entered as 10). Answer is complete but not entirely correct. impairment loss 0 million 08:46 you have completed so far. It does not indicate Required information [The following information applies to the questions displayed below] In 2022. Alliant Corporation acquired Centerpoint Incorporated for $403 million, of which $63 million was allocated to goodwill. At the end of 2024, management has provided the following information for a required goodwill impairment test Fair value of Centerpoint Incorporated Book value of Centerpoint's net assets (excluding goodwi11) Book value of Centerpoint's net assets (including goodwill) $ 315 million 277 million 340 million Required: 1. Determine the amount of the impairment foss reported in the 2024 income statement. Note: Enter your answer in millions (i.e., 10,000,000 should be entered as 10). Answer is complete but not entirely correct. impairment loss 0 million
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