Which of these is not a major characteristic of a plant asset? O a. Possesses physical substance O b. Acquired for use in operations O c. Yields services over a number of years All of these are major characteristics of a plant asset d. The following information is available for Barkley Company's patents: Cost $3,440,000 Carrying amount 1,720,000 Expected future net cash flows 1,600,000 Fair value 1,300,000 Barkley would record a loss on impairment of $120,000. O a. $420,000. b. $1,720,000. O $1.840,000