Based on the Following Information, What Is the Impairment Amount

Multiple Choice

Based on the following information, what is the impairment amount to be recorded? $$\begin{array} { | l | r | } \hline \text { Cost } & \$ 750,000 \\\hline \text { Accumulated depreciation } & 530,000 \\\hline \text { Value in use (sum of discounted cash flows) } & 230,000 \\\hline \text { Fair value } & 240,000 \\\hline \text { Disposal costs } & 5,000 \\\hline\end{array}$$

A) $0
B) $10,000
C) $15,000
D) $20,000