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Asset Impairment In 2015, Winnebago Industries recorded an impairment loss of $326,000 on its corporate plane. Assume that the plane originally cost the company $2,110,000

Asset Impairment

In 2015, Winnebago Industries recorded an impairment loss of $326,000 on its corporate plane. Assume that the plane originally cost the company $2,110,000 and had accumulated depreciation of $1,598,000 at the time of the impairment charge.

a. What was the planes fair value at the end of 2015?

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