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A company has some bottling equipment which cost $8.7 million, has a net book value of $4.3 million, estimated future cash flows of $3.8 million,

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A company has some bottling equipment which cost $8.7 million, has a net book value of $4.3 million, estimated future cash flows of $3.8 million, and a fair value of $3.2 million. How much is the asset impairment loss? $5.50 million. $0.50 million. $1.10 million. $4.30 million

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