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A tangible fixed asset has a book value of $ 5 0 , 0 0 0 . Its fair value is $ 4 7 ,
A tangible fixed asset has a book value of $ Its fair value is $ The sum of the estimated future cash flows is $ The company will recognize:
a $ impairment loss
b $ impairment loss
c $ impairment gain
d None of the above.
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