Question: Torque Co has equipment with a carrying amount of $2.400,000. The expected future net cash flows from the equipment are 52.445,000, and its fair value

Torque Co has equipment with a carrying amount of $2.400,000. The expected future net cash flows from the equipment are 52.445,000, and its fair value is $2,040,000. The equipment is expected to be used in operations in the future. What amount of any should Torque report as an impairment to its equipment? No impairment should be reported $45,000 5405,000 5360,000

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