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Holcomb Corpsssoration owns machinery with a book value of $285,000. It is estimated that the machinery will generate future cash flows of $300,000. The machinery

Holcomb Corpsssoration owns machinery with a book value of $285,000. It is estimated that the machinery will generate future cash flows of $300,000. The machinery has a fair value of $210,000. Holcomb should recognize a loss on impairment of

a) 0

b) 15,000

c) 75,000

d) 90,000

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