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What should be the impairment loss

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Reference no: EM133069301

Question - Kinko Copying office at Lafayette estimates that a copy machine would help generating $1,100 cash flows each year for the remaining two years in this copy machine's useful life. The current book value of this machine is $2,100. The interest rate is 10%. What should be the impairment loss?

a. $100

b. $0, no impairment

c. $290.91

d. $190.91

Reference no: EM133069301

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