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Determine the amount of impairment loss

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Reference no: EM132676960

Question - Presented below are two independent cases related to available-for-sale debt investments.

 

Case 1

Case 2

Amortized cost

$38,010

$92,800

Fair value

27,450

103,130

Expected credit losses

22,480

85,280

Required - For each case, determine the amount of impairment loss, if any.

Reference no: EM132676960

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