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The following information is available for Carla Vista Companys patents: Cost $3190000 Carrying amount 1670000 Expected future net cash flows 1355000 Fair value 1175000 Carla
The following information is available for Carla Vista Companys patents:
| Cost | $3190000 |
| Carrying amount | 1670000 |
| Expected future net cash flows | 1355000 |
| Fair value | 1175000 |
Carla Vista would record a loss on impairment of
$1835000.
$495000.
$1670000.
$315000.
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Financial Accounting
Authors: Robert K. Eskew, Daniel L. Jensen
5th Edition
0070213550, 978-0070213555
