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4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 192 21 22 28 29 30 31 32 33 3

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4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 192 21 22 28 29 30 31 32 33 3 35 36 37 38 39 40 41 42 43 44 45 51 52 53R 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 72 73 Fact Pattern: Blake Corporation has determined that one of its machines has experienced an impairment in value. However, t expects to continue to use the asset for another 3 full years because no active market exists for this machine. Sel information on the impaired asset (on the date that impairment was determined to ex $22,000 Original cost of the machine Carrying amount of the machine Undiscounted future cash flows expected to be generated by the 20,000 15,000 12,000 machine Fair value of the machine (determined by cakculating the present value of the future cash flows expected to be generated by the machine) After recognition of the impairment loss, Blake's carrying amount of the impaired asset will be O Zero. O $15,000 O $12.000 O $14,000 ????r -yyyyyyyyys ???????????????-AAAA

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