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What is the amount of the impairment loss to be recorded

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Question - Devo Co. has an indefinite-life intangible asset with a carrying value of $800,000. The undiscounted future cash flows expected to be realized from that asset total $828,000; the discounted cash flows are $578,000; and the fair value of the asset has been determined to be $647,000. What is the amount of the impairment loss to be recorded, if any?

Reference no: EM133090152

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