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Manufacturing Company believes an asset may be impairment, information on the asset is below. Cost of the asset Accumulated depreciation Annual future cash flows Number

image text in transcribed Manufacturing Company believes an asset may be impairment, information on the asset is below. Cost of the asset Accumulated depreciation Annual future cash flows Number of years Market rate of interest $260,000 $109,000 $12,000 10 4.00% What is the amount of the impairment, if any

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