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18. The following information is available for a Company's patents Cost Carrying amount (book value) 4,750,000 Expected future net cash flows 3,150,000 Fair value or

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18. The following information is available for a Company's patents Cost Carrying amount (book value) 4,750,000 Expected future net cash flows 3,150,000 Fair value or market value 2,850,000 $5,350,000 Regarding the patent, the company would record a loss on impairment of

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