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Bonita Industries has equipment with a carrying amount of $2450000. The expected future net cash flows from the equipment are $2480000, and its fair value
Bonita Industries has equipment with a carrying amount of $2450000. The expected future net cash flows from the equipment are $2480000, and its fair value is $2043000. The equipment is expected to be used in operations in the future. What amount (if any) should Bonita report as an impairment to its equipment? O No impairment should be reported. O $437000. O $30000. O $407000.
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