Question: Devo Co. has an indefinite - life intangible asset with a carrying value of $789,000. The undiscounted future cash flows expected to be realized from

Devo Co. has an indefinite - life intangible asset with a carrying value of $789,000. The undiscounted future cash flows expected to be realized from that asset total $835,000; the discounted cash flows are $578,000; and the fair value of the asset has been determined to be $650,000. What is the new carrying value of the asset after the impairment loss has been recorded? OA. $650,000 OB. $139,000 C. $578,000 OD. $835,000 Devo Co. has an indefinite - life intangible asset with a carrying

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