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Presented below is information related to a firm's equipment on 12/31/X5: Description Amount Capitalized cost $ 4,000,000 Expected future cash flows 400,000 Accumulated depreciation as

Presented below is information related to a firm's equipment on 12/31/X5: Description Amount Capitalized cost $ 4,000,000 Expected future cash flows 400,000 Accumulated depreciation as of 12/31/X5 3,400,000 Estimated residual value 200,000 Estimated fair value 275,000 Question: How much is the impairment loss, if any, for 20X5? Do not include currency symbols, decimals, or cents in the numerical response. If there is no impairment loss, the number zero should be entered. Answer: $Answer 1 Question 21

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