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QUESTION 5 In 2018, ABC Corp. acquired DEF Inc. and recorded goodwill of $150 million....

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QUESTION 5 In 2018, ABC Corp. acquired DEF Inc. and recorded goodwill of $150 million. ABC considers DEF a separate reporting unit. By the end of 2021, the book value of net assets (including goodwill) of DEF are 5320 million and its estimated fair value is $210 million. Assuming there have been no prior impairments of the goodwill, what is the amount of impairment loss that ABC would record related to goodwill at the end of 20212 $150 million $210 million $110 million $0

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