there are 3 questions. please hurry. the answer choices are all the same

In January of 2012 Cozzolino & Claywell Inc (CCI) purchased a machine for $240,000. The machine has an expected 5 year economic life, a salvage value of $12,000 and the Company depreciates the machine using the double declining method At the end of 2013 (e. 2nd year), Julianna Duva, the Chief Operating Officer of CCI is worried the remaining book value of the machine may not be recoverable. Miss Duva discusses her concerns with Miss MacLellan, the Controller of CCI. Miss MacLellan estimates that the remaining future cash flow (undiscounted) and fair value of the machine are $55,000 and $45,000, respectively. Choose Is the machine impaired at end of 2013 (i.e. 2nd year)? Assuming the machine is impaired, how much is the amount of impairment loss? Sophie Robinson the CEO of CCI is worried about the wear and Choose. ws been aside through the accumulated depreciation Choose Choose YES Miss MacLellan does not understand asset replacement concepts. The amount in accumulated depreciation can be used to purchase the asset $75,000 Accumulated depreciation account is not a cash account $5,000 NO Oh My God! Professor Asante-Appiah's ACCT 151 class? We only talk about Chelsea FC! $15,000 $10,000 Miss MacLellan had a 'bad day at work Robinson - Did you pass Professor Asante- Appiah's ACCT 151 class at Lehigh? Choose the most appropriate explanation for the reason why Miss MacLellan is