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on 5 - red Kohlman Corporation owns machinery with a book value of $190,000. The machinery has a fair value less costs to sell of

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on 5 - red Kohlman Corporation owns machinery with a book value of $190,000. The machinery has a fair value less costs to sell of $175,000, and its value-in-use is $170,000. Kohlman should recognize a loss on impairment of d out of ag question Select one: a. $15,000. b. $20,000. C. $5,000. d. $-0- n6 Which of the following is not a major characteristic of a plant asset ed out of Select one: a. Long-term in nature O b. Possesses physical substance C. Acquired for use d. Acquired for resale

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