Compute the impairment value if any

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Problem - At the end of its 2020 fiscal year, a triggering event caused Kingston Corporation to perform an impairment test for one of its manufacturing facilities. The following information is available:

Book value $150 million

Estimated undiscounted future cash flows 155 million

Fair value 140 million

Compute the impairment value if any.

Reference no: EM132937212

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