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xyz merchandising has a patent with carrying value of 1,000,000. The expected future net cash flows from use of the patent are $1,200,000 and the

xyz merchandising has a patent with carrying value of 1,000,000. The expected future net cash flows from use of the patent are $1,200,000 and the patent has a current fair value of $900,000. Calculate the impairment loss(if any)

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