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M6-21. Asset Impairment LO5 Winnebago Industries recorded an impairment loss of $462,000 on its corporate plane $2,350,000 and had accumulated depreciation of Winnebago Industries Assume

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M6-21. Asset Impairment LO5 Winnebago Industries recorded an impairment loss of $462,000 on its corporate plane $2,350,000 and had accumulated depreciation of Winnebago Industries Assume that the plane originally cost the company $1,598,000 at the time of the impairment charge. (WGo) of the impaiment ch a. Why did the company record an impairment loss on the plane? b. Explain how c. What was the plane's fair value at the end of 20152 MBC the company determined the amount of he impairment loss

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