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In 2009, Cilla Company acquired production machinery at a cost of $420,000, which now has accumulated depreciation of $250,000. The undiscounted cash flows from use
In 2009, Cilla Company acquired production machinery at a cost of $420,000, which now has accumulated depreciation of $250,000. The undiscounted cash flows from use of the machinery is $198,000 and its fair value is $148,000. Whet amount should Cilla recognize as a loss on impairment? OA. $50,000 OB. $28,000 OC. $22,000
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