On december 31, star corp. had a reporting unit that had a book value of $950,000, including goodwill of $130,000. as part of the company's annual review of goodwill impairment, star determined that the fair value of the reporting unit was $890,000. star assigned $840,000 of the reporting unit's fair value to its assets and liabilities other than goodwill. what is the goodwill impairment loss to be reported on december 31 under u. s. gaap?

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be: