Goodwill, corporate assets    LO5 A large manufacturing company, St. George Ltd, has its operations in Newcastle. It has two CGUs, Red Unit and Dragon Unit. At 30 June 2019, the management of the company decided to conduct impairment testing. It calculated that the recoverable amounts of the two divisions were $1 245 000 (Red Unit) and $930 000 (Dragon Unit). In considering the assets of the CGUs the company allocated the assets of the corporate area equally to the units. The carrying amounts of the assets and liabilities of the two CGUs and the corporate assets at 30 June 2019 were as follows. Red Unit Dragon Unit Corporate Equipment 960 000 — Accumulated depreciation — equipment (360 000) — Land 270 000 450 000 Buildings 330 000 420 000 630 000 Accumulated depreciation — buildings (120 000) (180 000) (150 000) Furniture and fittings — 90 000 Accumulated depreciation — furniture and fittings — (30 000) Goodwill — — 42000 Cash 36 000 24 000 Inventories 90 000 120 000 Receivables 60 000 24 000 Total assets 1 266 000 918 000 522 000 Provisions 60 000 120 000 Debentures 90 000 198 000 Total liabilities 150 000 318 000 Net assets $ 1 016 000 600 000 In relation to these assets: • the receivables of both units were considered to be collectable • the land held by the Dragon Unit had a fair value less costs of disposal of $405 000. Required Prepare the journal entry(ies) required at 30 June 2019 to account for any impairment losses.