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ABC purchased a machine on Jan 1, 2016 for $79996 with an estimated useful life of 11 years and no salvage ed value 0ABC uses
ABC purchased a machine on Jan 1, 2016 for $79996 with an estimated useful life of 11 years and no salvage ed value 0ABC uses the straight line depreciation method nOn December 31, 2021 technological changes suggest the machine may be impaired On December 31, 2021 the machine is expected to generate net cash flows of $5992 per year over its remaining life On December 31, 2021 the fair value of the machine is $25103.75 a. On Dec 31, 2021 the carrying value of the machine before any impairment loss is b. On Dec 31, 2021 the impairment loss, if any, is (enter as a negative amount): c. On Dec 31, 2021 the carrying value of the machine after any impairment lossis
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