The amount of loss G would have to report in net income if there is an impairment and the amount of loss G would report in other comprehensive income.

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Chapter 16, Problem 16.15P

a.

To determine

The amount of loss G would have to report in net income if there is an impairment and the amount of loss G would report in other comprehensive income.

b.

To determine

To prepare: The journal entry to record the impairment loss.

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