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Bonita Industries owns machinery with a book value of $565000. It is estimated that the machinery will generate future cash flows of $609000. The machinery
Bonita Industries owns machinery with a book value of $565000. It is estimated that the machinery will generate future cash flows of $609000. The machinery has a fair value of $434000. Bonita should recognize a loss on impairment of $ -0-. $44000. $152250. $175000.
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