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Bramble Corp. owns machinery with a book value of $750000. It is estimated that the machinery will generate future cash flows of $712000. The machinery
Bramble Corp. owns machinery with a book value of $750000. It is estimated that the machinery will generate future cash flows of $712000. The machinery has a fair value of $551000. Bramble should recognize a loss on impairment of
$ -0-.
$199000.
$161000.
$38000.
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