Question: help Jack's Bikes produces specialized bicyde frames. The production process uses two machines, which together form a cash generating unit. The following information is relevant

help  help Jack's Bikes produces specialized bicyde frames. The production process uses
two machines, which together form a cash generating unit. The following information

Jack's Bikes produces specialized bicyde frames. The production process uses two machines, which together form a cash generating unit. The following information is relevant to the evaluation of impairment for these machines Click the icon to view the data.) Required 1. Assume that the welding machine has a fair value less cost to sell of $3,220,000. Determine the amount of impairment that should be recorded for the cash generating unit and for each of the two machines. b. Assume that the welding machine has a fair value less cost to sell of $3,265,000. Determine the amount of impairment that should be recorded for the cash generating unit and for each of the two machines Requirement a. Assume that the welding machine has a fair value less cost to sell of $3,220,000. Determine the amount of impairment that should be recorded for tho cash generating unit and for each of the two machines (Enter a "O" for any zero-balances.) Total cash Bending Welding generating unit machine machino Impairment Requirement b. Assume that the welding machine has a fair value less cost to sell of $3,265,000. Determine the amount of impairment that should be recorded for the cash generating unit and for each of the two machines. (Enter a "O" for any zero-balances.) Total cash Bending Welding generating unit machine machine Impairment Enter any number in the edit fields and then continue to the next question - Data Table Bending machine $ 1,750,000 $ Net carrying value Fair value les costs to sell Value in use Welding Total cash machine generating unit 3,250,000 $ 5,000,000 See required See required 4,940,000 1,670,000 Print Done

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