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Kinko Copying office at Lafayette estimates that a copy machine would help generating $1,100 cash flows each year for the remaining two years in this
Kinko Copying office at Lafayette estimates that a copy machine would help generating $1,100 cash flows each year for the remaining two years in this copy machine's useful life. The current book value of this machine is $2,100. The interest rate is 10%.
What should be the impairment loss?
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