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Question 6 ERA corp. bought a machine for $ 6 0 0 , 0 0 0 at the beginning of 2 0 1 8 .
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ERA corp. bought a machine for $ at the beginning of In the accountants of ERA estimate that the net book value of the machine is $ and the fair value is $ The machine will generate $ in future cash inflows. Is this machine impaired in
The machine is impaired in as its net book value exceeds the expected future cash inflows.
The machine is not impaired in as its fair value is lower than the expected future cash inflows.
The machine is impaired in as its original cost in exceeds the net book value in
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