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Vaughn Manufacturing has equipment with a carrying amount of $2490000. The expected future net cash...

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Accounting

Vaughn Manufacturing has equipment with a carrying amount of $2490000. The expected future net cash flows from the equipment are $2530000, and its fair value is $2040000. The equipment is expected to be used in operations in the future. What amount (if any) should Vaughn report as an impairment to its equipment?

$490000.

$40000.

No impairment should be reported.

$450000.

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