A company owns a piece of equipment with a net book value of $30,000 (cost of $50,000 net of accumulated depreciation of $20,000). There are indicators that this equipment is impaired. The expected net future undercounted cash flows are $31,000. The expected net future discounted cash flows are $28,000. The fair value of the equipment is $25,000 and selling costs are minimal. What is the impairment loss for the company using U.S. GAAP?

A None of these choices are correct

B $5,000

C $2,000

D $0