On May 1, 2016, Smooth, Inc., purchased machinery for $360,000; the estimated useful life was eight years and the expected salvage value was $15,000. Straight-line depreciation is used. On May 1, 2018, economic factors cause the market value of the machinery to decrease to $190,000. On this date, Smooth evaluates whether the machinery is impaired.

Required:
a. Assume that on May 1, 2018, Smooth estimates future cash flows relating to the use and disposal of the machinery to be $270,000. Is the machinery impaired at May 1, 2018? If it is impaired, what is the amount of the impairment loss?
b. Assume that on May 1, 2018, Smooth estimates future cash flows relating to the use and disposal of the machinery to be $230,000. Is the machinery impaired at May 1, 2018? If it is impaired, what is the amount of the impairment loss?

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

mark brainliest!

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answertaxable income;