Gift Ltd has two cash generating units: Blue and Box. A comparison of these CGUs and their recoverable amounts are shown below:

	CGU - Blue	CGU - Box
Property, plant and equipment	$1,000,000	$900,000
Goodwill	300,000	200,000
Accumulated impairment - goodwill	(100,000)	(50,000)
Carrying amount	1,200,000	1,050,000
Recoverable amount	1,100,000	880,000
Impairment loss	100,000	170,000

Required:

a) Prepare the general journal entries to write down the goodwill for Blue and Box. Assume Gift Ltd provides the following breakdown of PPE for Box:

Buildings $360,000

Equipment $225,000

Land $180,000

Fittings $135,000

Total: $900,000