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  • 24-05-2023
  • Business
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The following information is available for Blossom Company's patents: Cost $2790000 Carrying amount 1270000 Expected future net cash flows 963000 Fair value 975000 Blossom would record a loss on impairment of A. $1270000. B. $307000. C. $295000. D. $1827000.

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