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15. Mains Corporation owns equipment with a cost of 290,000 and accumulated depreciation at December 31, 2022 of 150,000. It is estimated that the machinery will generate future cash flows of 165,000. The machinery has a recoverable amount of 145,000. Mains should recognize a loss on impairment of a. 0. b. 15,000. c. 25,000. d. 35,000. 3. The cost of equipment includes all of the following except a. a purchase price reduced by any discount taken. b. freight costs. c. installation costs. d. required maintenance costs during the first year of operations. 5. The cost of property acquired by the issuance of securities which are actively traded on an organized exchange is equal to the a. original cost of the securities. b. market price of the securities. c. par value of the securities. d. book value of the property acquired