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The following information is available for Crane Company's patents: Cost $2840000 Carrying amount 1320000 Expected future net cash flows 1012000 Fair value 1000000 Crane would

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The following information is available for Crane Company's patents: Cost $2840000 Carrying amount 1320000 Expected future net cash flows 1012000 Fair value 1000000 Crane would record a loss on impairment of O $1828000. O $1320000. O $308000. O $320000. 7

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