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What is the impairment loss for the year

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Reference no: EM133002440

White Corporation possessed an equipment with a P4,500,000 carrying value at the end of the year:

Expected discounted net cash flows P4,000,000

Fair value, assuming similar other asset 4,150,000

Fair value, assuming the asset is sold stand-alone 4,280,000

Problem 1: For the year, the impairment loss is?

Reference no: EM133002440

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