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An impairment loss is indicated because the estimated undiscounted sum of future cash flows of $30 million is less than the book value of $32.1 million.
The amount of the loss to be reported is calculated using the estimated fair value rather than the undiscounted future cash flows:
Workers
Individuals who are employed to perform specific duties or labor in exchange for compensation.
Steal
The act of taking something without permission or legal right and with the intention to keep it permanently.
Employers
Individuals or organizations that hire and pay people for their work.
Tax Evasion
The illegal practice of not paying taxes by individuals or corporations through various means such as underreporting income or hiding money.
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