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What the amount of the impairment loss

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Problem 1: On 2020, Antle Inc. had acquired Demski Co. and recorded goodwill of $270 million as a result. The net assets (including goodwill) from Antle's acquisition of Demski Co. had a 2021 year-end book value of $605 million. Antle assessed the fair value of the Demski reporting unit at this date to be $725 million, while the fair value of all of Demski's identifiable tangible and intangible assets (excluding goodwill) was $580 million. The amount of the impairment loss that Antle would record for goodwill at the end of 2021 is?

Reference no: EM132784331

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What the amount of the impairment loss : On 2020, Antle Inc. had acquired Demski Co., What the amount of the impairment loss that Antle would record for goodwill at the end of 2021 is?
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