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On 12/31/17, Martin Company evaluates one of its fixed assets to determine whether the asset is impaired. The following information pertains to the asset being

On 12/31/17, Martin Company evaluates one of its fixed assets to determine whether the asset is impaired. The following information pertains to the asset being evaluated: Net Book Value: $300,000 Estimated Future Cash Flows: $450,000 Fair Value: $250,000 What amount of impairment loss (if any) should be recorded related to this asset on 12/31/2017?

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