Problem
Presented below are two independent cases related to available-for-sale debt investments.
|
Case 1
|
Case 2
|
|
Amortized cost
|
$37,770
|
$95,400
|
|
Fair value
|
27,640
|
105,120
|
|
Expected credit losses
|
22,910
|
86,950
|
For each case, determine the amount of impairment loss, if any.