4. Workout In Person Inc. was acquired by Social Life Inc. in 2018. At the time of the acquisition, the finite lived technology owned by Workout ln Person, Inc. was assigned a fair value measurement of $65,000. Two years later, in 2020 , the Workout In Person reporting unit experienced a 50% decline in sales, which was considered to be a triggering event. At that time, after two years of amortization, the carrying value of the technology was $47,000. The company is analyzing the impairment of the technology and an external specialist has drafted the analysis below. Also assume that Social Life Inc.'s policy is to use after-tax cash flows in its impairment testing. Q. What is the amount of the impairment of technology