Murnane Company purchased a machine on February 1, 2005, for

$100,000. In January 2009, when the book value of the machine is $70,000, Murnane believes the machine is impaired due to recent technological advances. Murnane expects the machine to generate future cash flow of

$10,000 and has estimated the fair value of the machine to be $55,000.

What is the loss from impairment?

a. $5,000

b. $15,000

c. $30,000

d. $45,000