A company operates a manufacturing plant. Due to a significant decline in demand for the product manufactured at the site, an impairment test is deemed appropriate. Management has acquired the following information for the assets at the plant: Cost Accumulated depreciation The company's estimate of the total cash flows to be generated by selling the products manufactured at its plant, not discounted to present value The fair value of the plant is estimated to be $19.5 million. Required: 1. Determine the amount of impairment loss. 2. If a loss is indicated, prepare the entry to record the loss. 3. & 4. Determine the amount of impairment loss assuming that the estimated undiscounted sum of future cash flows is (3) $19.5 million instead of $18.4 million and (4) $34.25 million instead of $18.4 million. Complete this question by entering your answers in the tabs below. Req 1 Req 2 3. Impairment loss 4. Impairment loss Req 3 and 4 million million Determine the amount of impairment loss assuming that the estimated undiscounted sum of future cash flows is (3) $20 instead of $18 and (4) $34 instead of $18. Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). < Req 2 1966- Req 3 and 4 > $49.5 million $15.9 million $18.4 million 19