Information Has Been Collected Regarding Black Company's Asset Group That

Information has been collected regarding Black Company's asset group that includes Goodwill. Black company follows ASPE. At December 31^st, 2015, the assets of the Black company's asset group are shown as follows (in millions of dollars) on the company's balance sheet: $\begin{array}{|l|l|l|l|}\hline & \text { Cost } & \text { Accumulated Depreciation } & \text { Net Book Value } \\\hline \text { Current Assets } \$ 300 & \text { n/a } & 300 \\\hline \text { Goodwill } & \$ 400 & \mathrm{n} / \mathrm{a} & 400 \\\hline \text { Equipment } & \$ 1.400 & 800 & 600 \\\hline \text { Buildings } & \$ 2.100 & 600 & 1.500 \\\hline \text { Patent Rights } & \$ 200 & 80 & \$ 120 \\\hline & & & \\\hline & \$ 4,400 & \$ 1,480 & \$ 2,920 \\\hline \text { Liabilities } & (\$ 520) & & (\$ 520) \\\hline\end{array}$
The fair values/recoverable amounts of the individual identifiable assets and liabilities are shown below (note the exclusion of the Goodwill from above since Goodwill is not identifiable):
$\begin{array} { | l | l | } \hline \text { Current Assets } & \$ 300 \\\hline \text { Customer Lists } \$ 500 \text { (previously unidentified) } \\\hline \text { Equipment } & \$ 250 \\\hline \text { Buildings } & \$ 1,000 \\\hline \text { Patent Rights } & \$ 200 \\\hline \text { Liabilities } & ( \$ 520 ) \\\hline\end{array}$
The value of the asset group as a whole is $1,9 million, while estimated selling costs are $100,000.
Prepare the journal entries to record the impairment of Goodwill as well as any other assets under ASPE.