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Please provide the correct answers to the X's. Return to question For each of the following scenarios, select whether an asset has been impaired (Y

image text in transcribedPlease provide the correct answers to the X's.

Return to question For each of the following scenarios, select whether an asset has been impaired (Y for yes and N for no) and, if so, the amount of loss that should be recorded. X Answer is complete but not entirely correct. Book Value Fair Value Is Asset Impaired? Amount of Loss a. Machine $ Estimated Future Cash Flows $ 10,000 41,000 29,000 227,050 Y (6,000) X b. N 0 15,550 31,000 58,100 227,050 Copyright Factory building Building 9,650 37,750 26,950 200,150 C. Y (31,000) X d. N 0

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