crane company bought a machine on january 1, 2011 for $791000. the machine had an expected llife of 20 years and was expected to have a salvage value of $75000. on july 1, 2021, the company reviewed the potential of the machine and determined that its future net cash flows totaled $390000 and its fair value was $270000. if the company does not plan to dispose of it, what should crane record as an impairment loss on july 1, 2021

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.