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A company purchased a piece of equipment for $30,000 on January 1, 2013. It estimates a residual value of $3,000 and a useful life of 5 years. It uses the straight-line method of depreciation On December 31, 2015 (before depreciation is calculated) its fair value is determined to be $15,000 and the estimated costs to sell are estimated to be $2,000. What is the impairment loss? Select one: O a 56,200 O b. $2,400 O c$3,200 O d. $4,200