中會投資減損問題 - 會計

K company has a debt investment in the bonds issued by J company. The bonds
were purchased at par for $400,000 and, at the end of 2010, have a remaining
life of 3 years with annual interest payments at 10%, paid at the end of each
year. This debt investment is classified as held-for-collection. J company is
facing a tough economic environment and informs all of its investors that it
will be unable to make all payments according to the contractual terms. The
controller of K company has prepared the fallowing revised cash flow forecast
for this bond investment.

Dec. 31 Expected Cash Flow
------------- ----------------------
2011 $ 35,000
2012 35,000
2013 385,000
-----------
Total Cash Flows $455,000

Instruction: Determine the impairment loss for K company at 2010/12/31

解答:

Contractual cash flow(400,000x0.1x3+400,000) $520,000
Expected cash flow (455,000)
-----------
Cash flow loss $ 65,000


Recorded investment $400,000
Less:Present value of $350,000 due in 3 years at 10%
($350,000x.75131) $262,959
Present value of $35,000 annual interest for 3
years at 10%($35,000x2.48685) 87,040 349,999
-----------
Impairment Loss $50,001




請問$350,000是怎來的呀?

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