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The following information is available for sandhill company's patents: cost $3240000 carrying amount 1720000 expected future net cash flows 1404000 fair value 1200000 sandhill would

The following information is available for sandhill company's patents: cost $3240000 carrying amount 1720000 expected future net cash flows 1404000 fair value 1200000 sandhill would record a loss on impairment of : a. 1720000 b. $316000 c. $1836000 d. $520000

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