Question: What is the answer to this question? 4 Maple Incorporated has the following information regarding its assets Estimated Future Book Value Cash Flows Fair Value

What is the answer to this question?

4 Maple Incorporated has the following information regarding its assets Estimated Future Book Value Cash Flows Fair Value Equipment $ 35,006 $ 30, 060 060 87 $ Building 68, 060 70, 606 65, 060 Patent 30,060 34 , 060 B2,060 4-54 What amount of loss should be reported due to asset impairment? Multiple Choice $10,000 $8,000 $7,000 $9,000

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