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Concord Corporation has equipment with a carrying amount of $2430000. The expected future net cash flows from the equipment are $2480000, and its fair value

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Concord Corporation has equipment with a carrying amount of $2430000. The expected future net cash flows from the equipment are $2480000, and its fair value is $2045000. The equipment is expected to be used in operations in the future. What amount (if any) should Concord report as an impairment to its equipment? O $50000 O $435000 O No impairment should be reported. O $385000

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