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Question 8 1 pts Desert Company determined a piece of machinery to be impaired. They make the decision to continue use of the machine.

Question 8 1 pts Desert Company determined a piece of machinery to be impaired. They make the decision to continue use of the machine. Desert reports the following information as of December 31st for the machine. What do they report for impairment loss on their year-end income statement? Historical Cost Accumulated Depreciation Fair Value 196,622 27,645 112,731 Undiscounted Sum of Net Future Cash Flows 115,039

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