An impairment of an intangible asset reduces the asset,stockholders' equity,and net income.

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An impairment of an intangible asset reduces the carrying amount of the asset, which in turn reduces stockholders' equity and net income. This is because impairment represents a decline in the estimated future economic benefits from the asset, which means that the asset is worth less than its carrying amount on the balance sheet. The impairment loss is recognized in the income statement and reduces net income, while the balance sheet is adjusted to reflect the new lower value of the asset.

An Impairment of an Intangible Asset Reduces the Asset,stockholders' Equity,and