Question: Devo Co. has an indefinite - life intangible asset with a carrying value of $787,000. The undiscounted future cash flows expected to be realized from

Devo Co. has an indefinite - life intangible asset with a

Devo Co. has an indefinite - life intangible asset with a carrying value of $787,000. The undiscounted future cash flows expected to be realized from that asset total $827,000; the discounted cash flows are $579,000, and the fair value of the asset has been determined to be $650,000. What is the amount of the impairment loss to be recorded, if any? O A. $40,000 O B. $208,000 OC.-0- OD. $137,000

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