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Chaptter 19

Exxampple 4

Usinng the infoormation froom example 3, now aassume immpairment oof $120,0000 at
the year end.

Reqquired:

(a) Prepare (W3) to (WW5) usingg the propoortion of nnet assetss method.

(b) Prepare (W3) to (WW5) usingg the fair vvalue methhod assumming NCI wwas
valued aat fair valuue of $2200,000 at accquisition.

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