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What amount should vaughn report as an impairment

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Reference no: EM132903993

Question - Vaughn Manufacturing has equipment with a carrying amount of $2620000. The expected future net cash flows from the equipment are $2650000, and its fair value is $2040000. The equipment is expected to be used in operations in the future. What amount (if any) should Vaughn report as an impairment to its equipment?

Reference no: EM132903993

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