A company has a machine that cost $50,000. The accumulated depreciation to date is $35,000. The machinery's recoverable value is $1000. How should the impairment loss be recorded? A) Debit Impairment loss $1,000 Credit Accumulated depreciation $1,000 B) Debit Impairment loss $14,000 Credit Accumulated depreciation $14,000 OC) Debit Impairment loss $15,000 Credit Accumulated depreciation $15,000 OD) Debit Impairment loss $14,000 Credit Cash $14,000