7. Dagny Company owns buildings in Colorado and New York. At the end of the year Dagny is evaluating whether either of the two buildings has had an impairment in value. The following is information related to the two buildings: Colorado Cost $800,000 Accumulated Depreciation $400,000 Carrying Value $400,000 Expected Future Net Cash Flows $500,000 Fair Value $250,000 New York $900,000 $300,000 $600,000 $400,000 $350,000 What impairment loss, if any should be recognized on the Colorado and New York buildings at the end of the year? Colorado New York A. None B. $150,000 C. None D. $150,000 None None $250,000 $250,000