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Business, 06.05.2020 07:17 jalonjonrs5991

The following information relates to an asset Carlisle is using for the business as of December 31, 2024: Cost $600,000 Accumulated depreciation to date 201,250 Expected Future Cash Flows 350,000 PV Expected Future Cash Flows 257,603 Determine the impairment loss, if any, should Carlisle record at December 31, 2024.

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