Peppers Corporation owns machinery with a book value of $190,000.It is estimated that the machinery will generate future cash flows of $200,000.The machinery has a fair value of $140,000.Peppers should recognize a loss on impairment of

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The machinery's future cash flows ($200,000) exceed its book value ($190,000), indicating no impairment loss should be recognized.

Peppers Corporation Owns Machinery with a Book Value of $190,000