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Big Bad Corp uses three different machines (A, B, and C) to manufacture products. These...

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Accounting

Big Bad Corp uses three different machines (A, B, and C) to manufacture products. These machines are considered to be a cash generating unit (CGU). Due to climate change and changes in consumer preferences, demand has declined in recent years. The following information is relevant to the evaluation of impairment.

MACHINES--> A B C Total
Net carrying value $800,000 $1,430,000 $1,170,000 $3,400,000
Fair value less costs to sell 1,000,000 1,330,000 670,000 3,000,000
Value in use NA NA NA 2,700,000

Required:

Determine the amount of impairment loss, if any, that should be recorded for each of the three machines. Do not use dollar signs 0r +/- in your answer. Round your final answer to the nearest dollar. Do not round intermediary answers.

Machine A - $

Machine B - $

Machine C - $

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