Respuesta :
The imparment value on the asset given the book value and the fair value of the asset is $-2.8 million.
What is the impairment loss?
An asset is impaired when its book value is greater than the total future cash flows. When an asset is impaired, in order to determine the impairment loss, subtract the fair value of the asset from the book value of the asset.
Impairment loss = 6.9 million - $9. 7 million = $-2.8 million
Here is the information that would be used to solve the question: Book Book value $9. 7 million
Estimated total future cash flows 8.1 million
Fair value 6.9 million
To know more about impairment loss, please check: https://brainly.com/question/19671264
