3,900 5,000 4,000 5,500 Required: (a) Explain what will be the relevant impairment test to be performed for the year 2014, (b) Assuming that I Corp, will implement the restructuring plan by the end of 2015, how would this information affect the impairment test? Chenor Limited has goodwill amounting to RM38 million in its financial statement from an acquisition of Changi Corporation in 2015. At the end of 2017, the following information is provided from Chenor Limited's management for the goodwill impairment test. Fair value of Changi Corporation (determined by appraisal) RM132 million Fair value of Changi Corporation's net assets (excluding goodwill) RM120 million Book value of Changi Corporation's net assets (including goodwill) RM150 million Present value of Changi Corporation's estimated future cash flows RM135 million Assume that Changi Corporation is a cash-generating unit for Chenor Limited, and that ts fair value is similar to its fair value less costs to sell. Identify the amount of impairment oss on the goodwill that Chenor Limited should recognize