The fair value of net identifiable assets of a reporting

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Reference no: EM13581432

The fair value of net identifiable assets of a reporting unit of X Company is $300,000. On X Company's books, the carrying value of this reporting unit's net assets is $350,000, including $60,000 goodwill. If the fair value of the reporting unit is subsequently $335,000, what amount of goodwill impairment will be recognized for this unit?

Reference no: EM13581432

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