21.) Calculate the book value (carrying valueet book value) of the asset at 12/31/X3 and write the amount on the cover sheet.

22.) Calculate the impairment loss and write the amount of the loss on the cover sheet. If there is no impairment loss then write "zero" on the cover sheet.

USE THE FOLLOWING INFORMATION FOR #21 & 22: Motown has the following information available: Purchase date 1/1X1 Cost of Machine $ $ Sales Tax Training prior to production to get ready for intended use Testing prior to production to get ready for intended use Useful Life Straight-line method of depreciation 97,400 4.00% 8,000 2,400 6 $ 12/31/X3 $ Impairment testing date Fair market value of machine Expected future cash flow from machine Expected selling price of machine Market rate of interest 50,000 43,000 $ $ 5.00%