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Determine the amount of impairment loss

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Reference no: EM132449638

Problem - Presented below are two independent cases related to available-for-sale debt investments.

Case 1

Case 2

Amortized cost

$41,640

$91,800

Fair value

32,220

102,220

Expected credit losses

27,360

83,660

Required - For each case, determine the amount of impairment loss, if any.

Reference no: EM132449638

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