A company has the following information regarding its assets:

Book Value Estimated Cash Flows Fair Value

Equipment $ $47,000$ $ $42,000$ $ $38,000$

Building $ $80,000$ $ $82,000$ $ $77,000$

Patent $ $42,000$ $ $46,000$ $ $44,000$

What amount of loss should be reported due to asset impairments?

Multiple Choice

$$11,000$

$$10,000$

$$12,000$

$$9,000$