In 2009, Alliant Corporation acquired Centerpoint Inc. for $300 million, of which $50 million was allocated to goodwill. Alliant tests for goodwill impairment at the end of each year. At the end of 2011, management has provided the following information:
![356_254-B-A-I-A (3376).png](https://secure.tutorsglobe.com/CMSImages/356_254-B-A-I-A (3376).png)
Required:
1. Determine the amount of the impairment loss.
2. Repeat requirement 1 assuming that the fair value of Centerpoint is $270 million.