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Oriole Co. has equipment with a carrying amount of $735,200. The expected future net cash flows from the equipment are $740,400, and its fair value
Oriole Co. has equipment with a carrying amount of $735,200. The expected future net cash flows from the equipment are $740,400, and its fair value is $633,230. The equipment is expected to be used in operations in the future. What amount (if any) should Oriole report as an impairment to its equipment? (Enter 0 for answer if no impairment is to be reported.)
Impairment to be reported
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