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ust Corporation owns machinery with a carrying value of $760,000. It is estimated that the...

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Accounting

ust Corporation owns machinery with a carrying value of $760,000. It is estimated that the machinery will generate future cash flows from use in operations of $700,000. The machinery has a fair value of $560,000. Just should recognize a loss on impairment of
$-0-.
$ 60,000.
$200,000.
$ 140,000.

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