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31. The following information is available for Barkley Company's patents: Original cost1,720,000Carrying amount 860,000Expected net cash flows (undiscounted) 800.000Fair value 650,000Barkley would record a loss
31. The following information is available for Barkley Company's patents: Original cost1,720,000Carrying amount 860,000Expected net cash flows (undiscounted) 800.000Fair value 650,000Barkley would record a loss on impairment of: A. 60,000.B. 210,000.C. 860,000.D. 920,000.
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