2. The following information is available for Barkley Company's patents: Cost Carrying amount Expected future net cash flows Fair value Barkley would record a loss on impairment of $1,720,000 860,000 800,000 650,000 3. a. $ 60,000. b. $210,000. c. $860,000. d. $920,000. An improvement is made to a machine that is expected to increase the useful life of the machine by five years. The cost of the improvement should be a. expensed. b. debited to accumulated depreciation. c. capitalized in the machine account. d. allocated between accumulated depreciation and the machine account.