Question: Devo Co. has an indefinite - life intangible asset with a carrying value of $790,000. The undiscounted future cash flows expected to be realized from

Devo Co. has an indefinite - life intangible asset with a carrying value of $790,000. The undiscounted future cash flows expected to be realized from that asset total $833,000; the discounted cash flows are $579,000; and the fair value of the asset has been determined to b $650,000. What is the new carrying value of the asset after the impairment loss has been recorded? OA. $650,000 OB. $140,000 OC. $579,000 O D. $833,000 Devo Co. has an indefinite - life intangible asset with a carrying

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