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1. The following information is available for Danah Corporation's patents: Cost $ 100,000 $ 60,000 Carrying amount Expected future net cash flows Fair value $

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1. The following information is available for Danah Corporation's patents: Cost $ 100,000 $ 60,000 Carrying amount Expected future net cash flows Fair value $ 67,500 $ 65,000 How much should Danah Corporation record a loss on impairment for? (2 points)

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