Question: Devo Co . has an indefiniteminus life intangible asset with a carrying value of $ 7 8 3 comma 0 0 0 $ 7 8

Devo Co. has an
indefiniteminuslife
intangible asset with a carrying value of
$ 783 comma 000$783,000.
The undiscounted future cash flows expected to be realized from that asset total
$ 829 comma 000$829,000;
the discounted cash flows are
$ 576 comma 000$576,000;
and the fair value of the asset has been determined to be
$ 642 comma 000$642,000.
What is the amount of the impairment loss to be recorded, if any?

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