Determine the amount of impairment loss if any

Reference no: EM131989592

Problem

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

	Case 1	Case 2
Amortized cost	$37,770	$95,400
Fair value	27,640	105,120
Expected credit losses	22,910	86,950

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

Reference no: EM131989592

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