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ABC owns a rental property with a carrying value of 3 7 . ABC recently had the property appraised and the appraiser s fair value
ABC owns a rental property with a carrying value of ABC recently had the property appraised and the appraisers fair value estimate was The appraiser expects the property will generate free cash flows of ten during each of the next four years at which point the property will be abandoned without additional cost or revenue. What amount of an impairment loss should ABC recognize?
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