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K recorded. For each of the following scenarios, indicate whether a long-term asset has been impaired (Y for yes and N for no) and, if
K recorded. For each of the following scenarios, indicate whether a long-term asset has been impaired (Y for yes and N for no) and, if so, the amount of the loss that should be (Click the icon to view the data.) (Complete all input fields. Enter a "0" to show no loss.) Asset a. Equipment Estimated Future Book Value Cash Flows Fair Value Impaired? (Yor N) Amount of Loss $160,000 $204,000 $200,000 Data table Estimated Future Asset Book Value Cash Flows Fair Value Impaired? (Y or N) a. Equipment $160,000 $204,000 $200,000 b. Trademark $450,000 $590,000 $500,000 c. Land $51,000 $25,000 $22,000 d. Factory building $6 million $6 million $5 million Print Done Amount of Loss - X Estimated Future Asset Book Value Cash Flows Fair Value Impaired? (Y or N) a. Equipment $160,000 $204,000 $200,000 b. Trademark $450,000 $590,000 $500,000 c. Land $51.000 $25.000 $22.000 Amount of Loss a. Equipment $160,000 $204,000 $200,000 b. Trademark $450,000 $590,000 $500,000 c. Land $51,000 $25,000 $22,000 d. Factory building $6 million $6 million $5 million
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