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Hart corporation owns machinery with a book value of 285,000. It is estimated that the machinery will generate future cash flows of 300,000. The machinery has a fair value of 210,000. Hart should recognize a loss on impairment of:
a) 0
b) 15,000
c) 75,000
d) 90,000
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Hart corporation owns machinery with a book value of 285,000. It is estimated that the machinery wil...
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