12 General Optic Corporation operates a manufacturing plant in Arizona. Due to a significant decline in demand for the product manufactured at the Arizona site, an impairment test is deemed appropriate. Management has acquired the following information for the assets at the plant: 10 points Cost Accumulated depreciation General 's estimate of the total cash flows to be generated by selling the products $43,500,000 15,300,000 17,208,000 manufactured at its Arizona plant, not discounted to present value eBook The fair value of the Arizona plant is estimated to be $16,500,000. Hint Required 1. &2. Determine the amount of impairment loss. If a loss is indicated, where would it appear in General Optic's multiple-step income 3. If a loss is indicated, prepare the entry to record the loss instead of $17,200,000 and $29150,000 instead of $17,200,000. statement? Print 4.&5. Determine the amount of impairment loss assuming that the estimated undiscounted sum of future cash flows is $16,500,000 Complete this question by entering your answers in the tabs below Req 1 and 2 Req 3 Req 4 and 5 Determine the amount of impairment loss. If a loss is indicated, where would it appear in General Optic's multiple-step income statement? (Enter your answer in whole dollars.) Impairment loss Location on income statement Req 1 and 2 Req 3>