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> Question 29 5 pts Smithfield purchased Perdue as a division on December 31, 2019. The balance sheet accounts of the Perdue Division on December

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> Question 29 5 pts Smithfield purchased Perdue as a division on December 31, 2019. The balance sheet accounts of the Perdue Division on December 31, 2020 are as follows: Account Amount Cash $150,000 Receivables $200,000 Property Plant and Equipment $300,000 Goodwill $200,000 Notes Payable $150,000 The fair value of the Perdue Division including goodwill at December 31, 2020 is $625,000. How much impairment loss should be recognized at December 31, 2020? $125.000 $200.000 $75.000 50

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