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Business, 19.11.2019 05:31 CheddaDsk

Mains corporation owns equipment with a cost of $290,000 and accumulated depreciation at december 31, 2014 of $150,000. it is estimated that the machinery will generate future cash flows of $165,000. the machinery has a fair value of $115,000. mains should recognize a loss on impairment )$0.(b)$15,000.(c)$25,000.(d)$35,00 0.

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